Results 41 to 50 of about 257,487 (338)
Capital Misallocation and Secular Stagnation
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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Economic Development and the Quality of Life of Children [PDF]
, 2004 Historical studies show that the average height of Western European children began its secular growth in 1850 only after a period of decline and stagnation which had started around 1750.
Delajara, Marcelo
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Growth, secular stagnation and wealth preference [PDF]
, 2015 In 1960s - 1980s Japan enjoyed high economic growth. In the early 1990s, however, the growth rate drastically declined and thereafter Japan has been suffering secular stagnation.
Ono, Yoshiyasu
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Learning to believe in secular stagnation [PDF]
Economics Letters, 2017 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Trade Liberalization and Economic Growth in Europe and the United States
Asian Development Review, 1986 Four decades ago, Hayek and Schumpeter – two giants among the social philosophers of this century – foresaw an irreversible shift towards centralization and bureaucracy.
Herbert Giersch
doaj +1 more source
The return of fiscal policy and the euro area fiscal rule [PDF]
, 2020 The text describes the theoretical developments of the assignment rules regarding fiscal and monetary policies and the respective roles in macroeconomics stabilisation.
Constâncio, Vítor
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How secular staganation can affect income class structure in european countries: institutional and policy implications [PDF]
, 2019 In recent years, there has been increasing debate about the low economic growth and the risk of secular stagnation in economically advanced countries.
Barcena-Martin, Elena Maria +1 more
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Advanced Materials, EarlyView.An overview of design principles and scalable fabrication strategies for multifunctional bio‐based packaging. Radiative cooling films, modified‐atmosphere films/membranes, active antimicrobial/antioxidant platforms, intelligent optical/electrochemical labels, and superhydrophobic surfaces are co‐engineered from material chemistry to mesoscale structure
Lei Zhang +6 more
wiley +1 more source
A Model of Secular Stagnation [PDF]
, 2014 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
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The lower bound on interest rates and ways to overcome it
Groundings, 2017 Expansionary monetary policy was traditionally thought to be restricted by the zero lower bound on nominal interest rates. Yet since 2014, some central banks, facing secular stagnation and deflationary traps, have pushed key policy rates below zero. This
Pia-Katharina Andres
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