Results 1 to 10 of about 727 (254)
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
doaj +1 more source
Management : Journal of Contemporary Management Issues, 2022 This paper aims to provide a possible explanation for the strange reoccurrence of the dual economy in developed countries. The dual economy is understood as consisting mainly of two sectors that differ in productivity, salaries, and related ...
Milenko Popović, Ivan Radević
doaj +1 more source
The Secular Stagnation Hypothes is and the Future of Europe’s Advanced Economies
Politeja, 2020 The secular stagnation hypothesis originated in the late 1930s when Alvin Hansen proposed that the American economy will experience a prolonged depression because of the slowdown in demographics. Widely discussed in the aftermath of the Great Depression,
Artur F. Tomeczek
doaj +1 more source
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
doaj +1 more source
The Case against the New "Secular Stagnation Hypothesis"
Quarterly Journal of Austrian Economics, 2021 : The new “secular stagnation hypothesis” developed by Lawrence H. Summers attempts to justify why the demand stimulus applied in the aftermath of the global financial crisis failed to revive growth in a satisfactory manner. Building on previous ideas of
Mihai Macovei
doaj +1 more source
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
openaire +4 more sources
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
openaire +3 more sources
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
openaire +2 more sources
Reasons for the Demise of Interest: Savings Glut and Secular Stagnation or Central Bank Policy?
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
doaj +1 more source
Democracy under siege: Democratic solidarity between global crisis and cosmopolitan hope [PDF]
Filozofija i Društvo, 2017 For almost half a century (between 1940 and 1990) the democratic and social state has solved the twofold problem of growth and social exclusion through social inclusion within the borders of the national state. This solution since the 1970s came
Brunkhorst Hauke
doaj +1 more source