Results 21 to 30 of about 727 (254)
Secular stagnation: Theory and remedies [PDF]
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Secular stagnation: The history of a macroeconomic heresy [PDF]
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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Secularism and Fertility Worldwide
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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The finance-growth nexus in the age of financialisation: An empirical reassessment for the European Union countries [PDF]
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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Differential demographic development and electoral homogenization of ethnic and class identities in modern Turkey [PDF]
The process of the formation of ethnic identities in Turkey was fairly intricate with the influence of migrations, conflicts and newly adopted ideologies.
Miodrag Pantović
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Canadian Productivity Growth, Secular Stagnation, and Technological Change [PDF]
In this article, we show first that the recent slowdown in productivity growth in Canada, similar to that in the United States, can be attributed at least in part to the fall-off in the commercialization of new technologies.
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Macroeconomics in the age of secular stagnation
The “Great Recession” that began in 2008 plunged the economy into long-lasting stagnation with high unemployment, depressed output and very low inflation. This crisis, whose exceptional duration is difficult to explain using the theoretical tools of contemporary macroeconomics, invites us to enrich fundamental analysis.
Le Garrec, Gilles, Touzé, Vincent
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Professors of Church law at Russian universities and theological academies in 1906‒1917 [PDF]
The article examines the scientific potential of higher schools of the Russian Empire, universities and theological academies, in the field of ecclesiastical law during the active discussion of church reforms in 1906-1917.
Olga Iliukhina
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Secular Stagnation in an Economy with Land [PDF]
I present a model of secular stagnation with land and infinitely-lived agents with wealth preferences. Land is the prime example of a non-producible productive asset and rules out a negative real interest rate in steady state. With standard wealth preferences, higher land prices stimulate consumption and full employment is always feasible in steady ...
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The Threat of Secular Stagnation [PDF]
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
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