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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]
Front Psychol, 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 ...
Callejas-Albiñana FE +3 more
europepmc +2 more sources
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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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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Fiscal Policy in an Age of Secular Stagnation. [PDF]
Comp Econ Stud, 2020 An on-going period of secular stagnation in advanced economies has brought down interest rates, growth rates and inflation. Due to the relatively larger fall in interest rates, the differential between the interest rate paid on government debt and the output growth rate (IRGD) became lower and has even turned negative in most advanced economies.
Buchner M.
europepmc +4 more sources
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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The Secular Stagnation of Productivity Growth [PDF]
Institute for New Economic Thinking Working Paper Series, 2019 The concern that an economy could experience persistent stagnation, caused by a structural weakness of aggregate demand, goes back to Alvin Hansen’s (1939) thesis of ‘secular stagnation’. Hansen’s thesis has been revived in recent times, when it became clear that productivity and potential growth in the OECD countries have been declining for decades ...
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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 ...
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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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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