Results 31 to 40 of about 237,684 (355)
Credit booms, debt overhang and secular stagnation [PDF]
European Economic Review, 2018 Abstract Why do economies fall into prolonged periods of economic stagnation, particularly in the aftermath of credit booms? We study the interactions between household debt, liquidity and asset prices in a model of persistent demand shortage. We show that financially more deregulated economies are more likely to experience persistent stagnation ...
Matthias Schlegl +3 more
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Introduction: Is secular stagnation in Japan and the world the beginning of a new great depression? [PDF]
The Japanese Political Economy, 2023 Nobuharu Yokokawa
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Population age structure and secular stagnation: Evidence from long run data
The Journal of the Economics of Ageing, 2023 Joseph Kopecky
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A Model of Secular Stagnation: Theory and Quantitative Evaluation [PDF]
American Economic Journal: Macroeconomics, 2017 This paper formalizes and quantifies the secular stagnation hypothesis, defined as a persistently low or negative natural rate of interest leading to a chronically binding zero lower bound (ZLB).
Gauti B. Eggertsson +2 more
semanticscholar +3 more sources
Euro area economic growth between 2010 and 2019 in the light of secular stagnation theory
Pénzügyi Szemle = Public Finance Quarterly, 2023 Achieving economic growth remains an important issue for economic policy today. Growth in developed economies has slowed considerably in recent decades.
Tibor Tatay, Eszter Kazinczy
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A return to international policy coordination in the age of secular stagnation [PDF]
International Journal of Economic Policy Studies, 2022 The interdependence of economic policies calls for international policy coordination. This paper reviews various patterns of macroeconomic interdependence and policy coordination during the fixed as well as the flexible exchange rate.
Hamada K, Sakurai M.
europepmc +2 more sources
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
Management : Journal of Contemporary Management Issues, 2022 This paper aims to provide a possible explanation for the strange reoccurrence of the dual economy in developed countries. The dual economy is understood as consisting mainly of two sectors that differ in productivity, salaries, and related ...
Milenko Popović, Ivan Radević
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Capital Misallocation and Secular Stagnation [PDF]
Finance and Economics Discussion Series, 2017 The widespread emergence of intangible technologies in recent decades may have significantly hurt output growth--even when these technologies replaced considerably less productive tangible technologies--because of structurally low interest rates caused by demographic forces. This insight is obtained in a model in which intangible capital cannot attract
Andrea Caggese, Ander Perez-Orive
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Does the Secular Stagnation hypothesis match the data? Evidence from the USA
Journal of post Keynesian economics, 2023 This paper focusses on Secular Stagnation in the United States. It answers to two research questions. First: is Secular Stagnation a fact? Second: conditional to the previous reply, how does the literature meet the qualitative and quantitative evidence ...
A. Borsato
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