Results 271 to 280 of about 257,487 (338)

Deep-water corals indicate the Red Sea survived the last glacial lowstand. [PDF]

open access: yesProc Natl Acad Sci U S A
Chakraborty MI   +10 more
europepmc   +1 more source

On Secular Stagnation in the Industrialized World

open access: yesBrookings Papers on Economic Activity, 2019
ABSTRACT: 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   +2 more sources

Population age structure and secular stagnation: Evidence from long run data

open access: yesJournal of the Economics of Ageing, 2023
A large literature has reopened the secular stagnation hypothesis, first proposed near the end of the great depression as a warning for anemic growth resulting from long run trends in population aging.
Joseph Kopecky
exaly   +2 more sources

Secular stagnation and monopoly capitalism

open access: yesJournal of Post Keynesian Economics, 2023
The paper opens with a brief review of economic growth in industrialized economies over the past four decades, indicating a general slow-down in growth. This is followed by a brief review of the mainstream views on ‘secular stagnation’. The major section
Malcolm C Sawyer
exaly   +2 more sources

Helicopter Drops of Money under Secular Stagnation: From Ponzi to Pigou

Journal of Political Economy Macroeconomics, 2023
Under secular stagnation, are helicopter drops of money inflationary? Are they stimulative? This paper shows that it depends on whether or not a Ponzi scheme of government liabilities is sustainable.
Jean-Baptiste Michau
semanticscholar   +1 more source

Secular stagnation: a Classical–Marxian view

Review of Keynesian Economics, 2023
We study a model of secular stagnation, income and wealth distribution, and employment in the Classical–Marxian (CM) tradition, with the purpose of drawing a contrast with established Neoclassical accounts of the topic (Piketty 2014, Gordon 2015).
Manuel David Cruz, Daniele Tavani
semanticscholar   +1 more source

Introduction to the special issue on secular stagnation as a new great depression

The Japanese Political Economy, 2023
In her introduction for Japan’s Secular Stagnation and Beyond, Radhika Desai concludes, “Each of the writers suggests that a resolution would require a significant paradigm change.
Nobuharu Yokokawa
semanticscholar   +1 more source

Secular stagnation and fiscal crisis in the United States and China

The Japanese Political Economy, 2023
One of the consequences of the secular decline of economic growth has been the developing fiscal crisis in the leading capitalist economies. This paper projects possible developments of fiscal crisis in the United States and China, two largest economies ...
Minqi Li
semanticscholar   +1 more source

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