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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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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 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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Economics: Journal Articles, 2014 This study analyzes the emergence of secular stagnation as the consequence of a rise in the preference for liquidity. Such a rise is caused by a persistent set of pessimistic expectations. This study also investigates the effectiveness of a broad range of demand-management policies in dealing with secular stagnation. To obtain these results, this study
Biagio Bossone
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Essays on secular stagnation [PDF]
, 2017 The dissertation develops, in two chapters, two themes related to Secular Stagnation. In Chapter 1, I focus on Secular Stagnation and Bubbles. My starting point is an estimated vector-autoregression model and I provide empirical evidence on the existence of stock market bubbles and their response to a deleveraging shock.
Rovo, Natasha
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Hansen's and Summers' hypothesis of secular stagnation in macroeconomics [PDF]
Ekonomija: teorija i praksa, 2022 At a times when the world's most developed and those less developed economies are recording historically weak levels of economic performance after the Great Recession of 2008, when the world is facing decades of low demographic growth, in the frames of ...
Veljković Marija
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The Brazilian ‘secular stagnation’: Its causes and an agenda to overcome it [PDF]
Brazilian Journal of Political Economy, 2023 The article has two goals. First, it describes and analyses the reasons for the Brazilian ‘secular stagnation’ between 2015 and 2021. Second, it outlines an agenda to assure the Brazilian macroeconomic stability and social development, defined as ...
FERNANDO FERRARI FILHO, FABIO TERRA
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Economia e equlíbrios do poder mundial no pós-pandemia/guerra [PDF]
Janus.net, 2022 The scientific literature has taken up the theme of secular stagnation of economic growth again in the middle of the second decade of the 21st century, many decades after Alvin Hansen's original contribution.
Henrique Morais
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Classical Political Economy and Secular Stagnation [PDF]
SSRN Electronic Journal, 2021 This paper presents a model of secular stagnation, income and wealth distribution, and employment in the Classical Political Economy tradition, that can be contrasted with the accounts by Piketty (2014) and Gordon (2015). In these explanations, an exogenous reduction in the growth rate g -because of declining fertility or the exhaustion of path ...
Luzuriaga, Manuel Cruz, Tavani, Daniele
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Sensitivity of Turkey's Economy in the Context of Secular Stagnation
İstanbul Gelişim Üniversitesi Sosyal Bilimler Dergisi, 2022 The theory of secular stagnation was first used in 1939 by Alvin Hansen in reference to the American economy during the Great Depression. After the seventy years after Hansen's theory, the global crisis and the subsequent developments that occurred after
Hasan Önder Sarıdoğan
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