Results 21 to 30 of about 218 (208)
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
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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
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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
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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
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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
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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
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Secular stagnation: The history of a macroeconomic heresy [PDF]
The European Journal of the History of Economic Thought, 2015 The paper presents a history of the concept of “secular stagnation”, from Alvin Hansen in the 1930s and 1940s to its recent revival by Larry Summers. We examine Hansen's ideas and those of young economists associated with him, notably Evsey Domar, Everett Hagen, Benjamin Higgins, Alan Sweezy, and Paul Samuelson, who were the economists who kept the ...
Backhouse, Roger, Boianovsky, M
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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
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The finance-growth nexus in the age of financialisation: An empirical reassessment for the European Union countries [PDF]
Panoeconomicus, 2022 This paper draws an empirical reassessment of the finance-growth nexus by performing a panel data econometric analysis for all 28 European Union countries over 27 years from 1990 to 2016. Since the mid-1980s, the financial system has experienced a strong
Barradas Ricardo
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Secularism and Fertility Worldwide
Socius, 2021 This study proposes and explores a new fertility determinant: societal secularism. Using country-level data from multiple sources ( n = 181) and multilevel data from 58 countries in the World Values Survey ( n = 83,301), the author documents a strong ...
Landon Schnabel
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