Secular stagnation or stagnation policy? Steindl after Summers [PDF]
PSL Quarterly Review, 2016 The debate on secular stagnation suffers from vagueness and several shortcomings, which affect its economic policy implications. In this work we provide an alternative view on the advanced economies’ tendencies to stagnation, based on Josef Steindl’s ...
Eckhard Hein
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Secular Stagnation and COVID-19 [PDF]
Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu, 2020 The main aim of the article is to start a discussion about the pandemic COVID-19 in the context of secular stagnation. The secular stagnation phenomenon was reintroduced by L.
Maciej Stradomski, Katarzyna Schmidt
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Consumer Motivation in Developed Economies With Secular Stagnation [PDF]
Frontiers in Psychology, 2019 In recent years, the slow pace of economic growth, high indebtedness, and high unemployment registered in most developed economies since 2009 have revived the debate over the “secular stagnation hypothesis” first formulated by the Keynesian economist ...
Fernando Evaristo Callejas-Albiñana +3 more
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Secular Stagnation: A Long-Run Phenomenon, Short-Run Policies. The Case of the U.S. Economy [PDF]
Studies in Business and EconomicsThis study examines the persistent slowdown of the U.S. economy since 2007 and argues that it represents a secular stagnation: a structural form of slowdown growth, rather than a cyclical weakness.
Vlad Val, Popa Cristina Elena
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Reasons for the Demise of Interest: Savings Glut and Secular Stagnation or Central Bank Policy? [PDF]
Quarterly Journal of Austrian Economics, 2021 This article compares the Keynesian, neoclassical and Austrian explanations for low interest rates and sluggish growth. From a Keynesian and neoclassical perspective, low interest rates are attributed to aging societies, which save more for the future ...
Thomas Mayer, Gunther Schnabl
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Structural Unemployment, Underemployment, and Secular Stagnation [PDF]
SSRN Electronic Journal, 2020 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Hashimoto, Ken-ichi +2 more
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Interdependence between core and peripheries of the European economy: secular stagnation and growth in the Western Balkans [PDF]
The European Journal of Comparative Economics, 2017 European countries are economically dependent upon each other. This paper therefore embeds the analysis of the Western Balkan countries within a wider perspective of the European economy as a whole. It combines a simple core-periphery model with an under-
Will Bartlett, Ivana Prica
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Secular stagnation and progressive economic policy alternatives [PDF]
, 2016 This paper summarizes two main findings in the Post-Keynesian literature regarding the linkages between financialization, income distribution, accumulation and productivity. Firstly, at the core of secular stagnation lies the missing link between profits
Onaran, Özlem
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Equilibrium Real Interest Rates and Secular Stagnation: An Empirical Analysis for Euro-Area Member Countries. CEPS Working Document No 2017/09, August 2017 [PDF]
, 2017 Is secular stagnation—a period of persistently lower growth such as that seen following the financial crisis of 2008-09—a valid concern for euro-area countries?
Belke, Ansgar, Klose, Jens
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Immigration and Secular Stagnation [PDF]
SSRN Electronic Journal, 2019 We examine the effect of immigration on the host country in the dynamic model that can deal with secular unemployment. Immigration has contrasting effects, depending on the economic state of the host country. If there is unemployment, immigration worsens unemployment and decreases consumption by native residents whereas if full employment prevails ...
Kaz Miyagiwa, Yoshiyasu Ono
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