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Secular Stagnation: The Long View [PDF]
American Economic Review, 2015 Four explanations for secular stagnation are distinguished: a rise in global saving, slow population growth that makes investment less attractive, adverse trends in technology and productivity growth, and a decline in the relative price of investment goods. A long view from economic history is most supportive of the last of these four views.
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Secular Stagnation and Monetary Policy [PDF]
Review, 2016 This article is based on the author’s Homer Jones Memorial Lecture delivered at the Federal Reserve Bank of St. Louis, April 6, 2016.
Lawrence H. Summers, Lawrence H. Summers
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Canadian Productivity Growth, Secular Stagnation, and Technological Change [PDF]
International Productivity Monitor, 2018 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.
Canadian Productivity Growth, Secular Stagnation, and Technological Change +1 more
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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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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
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Secular stagnation and progressive economic policy alternatives [PDF]
, 2016 This paper summarizes two main findings in the Post-Keynesian literature regarding the linkages between financialization, income distribution, accumulation and productivity. Firstly, at the core of secular stagnation lies the missing link between profits
Onaran, Özlem
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Social Sciences, 2022 After years following the breakdown of the Great Recession in Europe, crisis-driven urban shrinkage can be adequately investigated considering changes over time in selected demographic indicators, with a specific focus on migration.
Mariateresa Ciommi +4 more
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The Regional Expressions of Secular Stagnation
Journal of Physics: Conference Series, 2022 This The terminology secular stagnation is suggested by Larry Summers in the last decade to demonstrate the globally economic downward trend. Although this standpoint was not paid importance at that time, the unstoppable decrease in world economy of ...
Zhiye Zhou +3 more
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The perils of debt deflation in the Euro area - a multi regime model [PDF]
, 2015 Academic research and policy makers in the Euro area are currently concerned with the threat of debt deflation and secular stagnation in Europe. Empirical evidence seems to suggest that secular stagnation and debt deflation in the Euro area may be ...
Haider, Alexander, Semmler, Willi
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Journal of Environmental Studies and SciencesCapitalism is often described as a “growth machine,” whose insatiable growth imperative(s) must either be halted to protect ecologies or repurposed by some kind of socialist or social democratic state.
Tim P. Clark
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