Results 181 to 190 of about 218 (208)
Some of the next articles are maybe not open access.
On Secular Stagnation in the Industrialized World
Brookings Papers on Economic Activity, 2019ABSTRACT: We argue that the economy of the industrialized world, taken as a whole, is currently—and for the foreseeable future will remain—highly prone to secular stagnation. But for extraordinary fiscal policies, real interest rates would have fallen much more and be far below their current slightly negative level, current and prospective inflation ...
Łukasz Rachel, Lawrence H. Summers
openaire +1 more source
Demographics and the Secular Stagnation Hypothesis in Europe
2016Demographic trends in Europe do not support empirically the secular stagnation hypothesis. Our evidence shows that the age structure of population generates less long-term growth but positive real rates. Policies for growth become very important.
FAVERO, CARLO AMBROGIO +1 more
openaire +1 more source
2016
Over the last few centuries, the ‘progressive’ trajectory of human civilization can be encapsulated in data for energy consumption and GDP.
openaire +1 more source
Over the last few centuries, the ‘progressive’ trajectory of human civilization can be encapsulated in data for energy consumption and GDP.
openaire +1 more source
Public Debt, Secular Stagnation, and Functional Finance [PDF]
, 2015 Fiscal policy and public debt may be required to maintain full employment and avoid secular stagnation. This conclusion emerges from a range of different models, including OLG specifications and stock-flow consistent (post-) Keynesian models. One of the determinants of the required long-run debt ratio is the rate of economic growth. Low growth leads to
openaire +3 more sources
Secular Stagnation and Macroeconomic Policy
IMF Economic Review, 2018Secular stagnation theory has developed substantially recently and offers substantial insights that policymakers have yet to fully internalize. This paper reviews the considerations that led me to revive the secular stagnation idea, summarizes the theory as I understand it today, and argues that events since I started advocating the secular stagnation ...
openaire +1 more source
Global secular stagnation and the rise of intellectual property monopoly
Review of International Political Economy, 2022Herman Schwartz
exaly
Secular stagnation and core-periphery uneven development in post-crisis eurozone
Competition and Change, 2022Alberto Botta
exaly