Results 11 to 20 of about 35,899 (313)
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
doaj +2 more sources
Secular Stagnation and Monetary Policy [PDF]
Review, 2016 This article is based on the author’s Homer Jones Memorial Lecture delivered at the Federal Reserve Bank of St. Louis, April 6, 2016.
Lawrence H. Summers
openaire +2 more sources
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
core +2 more sources
Secular Stagnation: Theory and Remedies
, 2015 This paper relies on a Ramsey model with money to o¤er a simple theory of secular stagnation. The permanent failure of the economy to produce at full capacity results from three features: (i) The combination of the zero lower bound on the nominal ...
Michau, Jean-Baptiste
core +3 more sources
The Threat of Secular Stagnation [PDF]
Politická ekonomie, 2018 Advanced countries are losing their predominant position in the world economy. With the long-time productivity slowdown and the present long recession, a question arises about the threat of secular stagnation of the advanced world. In searching for the roots of this threat, leading world economistst accentuate either the demand side, or the supply side
Kamil Janáček, Stanislava Janáčková
openaire +2 more sources
Low long-term rates: bond bubble or symptom of secular stagnation? Bruegel Policy Contribution Issue n˚15 | 2016 [PDF]
, 2016 Yields on European sovereign bonds have reached historically low levels in 2016. This secular decline in long-term sovereign yields is not limited to the euro area. Why are interest rates currently so low? Are low long-term rates justified by fundamental
Claeys, Grégory
core +1 more source
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
doaj +1 more source
Low long-term rates: Bond bubble or symptom of secular stagnation?
, 2016 Yields on European sovereign bonds have reached historically low levels in 2016. The goals of this paper are to understand why interest rates are currently so low and to determine if this level is justified by fundamental factors, or if rates are ...
Claeys, Grégory
core +1 more source
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
doaj +1 more source
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
doaj +1 more source