Results 41 to 50 of about 237,432 (338)
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
doaj +1 more source
A Model of Secular Stagnation [PDF]
We propose an overlapping generations New Keynesian model in which a permanent (or very persistent) slump is possible without any self- correcting force to full employment. The trigger for the slump is a deleveraging shock, which creates an oversupply of savings. Other forces that work in the same direction and can both create or exacerbate the problem
Gauti B. Eggertsson, Neil R. Mehrotra
openaire +2 more sources
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
doaj +1 more source
Democracy under siege: Democratic solidarity between global crisis and cosmopolitan hope [PDF]
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
doaj +1 more source
Secular Stagnation and Returns on Capital [PDF]
Returns on government debt bear little resemblance to returns on productive capital.
Gomme, Paul+2 more
openaire +2 more sources
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
doaj +1 more source
The secular stagnation of productivity growth [PDF]
The concern that an economy could experience persistent stagnation, caused by a structural weakness of aggregate demand, goes back to Alvin Hansen’s (1939) thesis of ‘secular stagnation’. Hansen’s thesis has been revived in recent times, when it became clear that productivity and potential growth in the OECD countries have been declining for decades ...
openaire +4 more sources
We characterize the topographic evolution of the Pacific Northwest, United States, during the Cenozoic. New paleosol carbonate stable isotope (δ18O) results from central Oregon are presented, along with published proxy data, including fossil teeth ...
Alexander McLean, John Bershaw
doaj +1 more source
More age, less growth? Secular stagnation and societal ageing
PurposeThe aim of the study is to demonstrate evidence that societal ageing and poor economic growth are linked in the advanced economies. It challenges the claim however that secular stagnation represents a serious problem for future prosperity.Design ...
C. Gilleard
semanticscholar +1 more source
Secular Stagnation and Income Distribution Dynamics [PDF]
This paper contributes to the literature on secular stagnation by estimating a measure of potential output growth for the post-war US economy derived from a novel model specification that allows for the cyclical interactions between income distribution, represented by the trajectory of the labor share of income, and economic activity, as measured by ...
David Kiefer+3 more
openaire +3 more sources