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Secular Stagnation: Evidence and Implications for Economic Policy [PDF]
OECD Economics Department Working Papers, 2014 This paper investigates whether OECD countries are facing secular stagnation. Secular stagnation is defined as a situation when policy interest rates bounded at zero fail to stimulate demand sufficiently, due to low or negative neutral real interest rates and low inflation, and when ensuing prolonged and subdued growth undermines potential growth via ...
Łukasz Rawdanowicz +3 more
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Use of ANN model in economies [PDF]
E3S Web of Conferences, 2022 In this paper, the authors made their contribution by constructing a model for the forecast of average annual net earnings in the EU countries. The model is based on the artificial neural network (ANN) use and for the needs of its creation the authors ...
Ćetković Jasmina +2 more
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Journal of Government and EconomicsThis article critically examines Brazil's economic stagnation since the 1980s, contesting the overarching view that attributes underdevelopment primarily to poor institutions. While acknowledging Brazil's impressive growth from 1932 to 1980, driven by an
Matheus Terentin
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Uninsured Risk, Stagnation, and Fiscal Policy
, 2016 Japan is in the midst of a protracted spell of depressed economic activity. Japan's economic stagnation has occurred against a background of rising earnings risk. Occupational stability is falling as routine occupations disappear and implicit lifetime employment guarantees are gradually disappearing.
R. Anton Braun, Tomoyuki Nakajima
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Secular stagnation or stagnation policy? Steindl after Summers
PSL Quarterly Review, 2016 The debate on secular stagnation suffers from vagueness and several shortcomings, which affect its economic policy implications. In this work we provide an alternative view on the advanced economies’ tendencies to stagnation, based on Josef Steindl’s ...
Eckhard Hein
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DISCOURAGING SHOCKWAVES UNDER SIMULATED GREEN SHOOTS AMONG DEVELOPED COUNTRIES [PDF]
Вісник Київського національного університету імені Тараса Шевченка. Серія Економіка, 2013 Current paper performs a range of economic recovery signs during a permanent stagnation of the business cycle phase preview. However, most of those green shoots are simulated on the back of almost total macroeconomic policy disability.
V. Osetskyi, I. Kalinkova
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The Secular Stagnation Hypothes is and the Future of Europe’s Advanced Economies
Politeja, 2020 The secular stagnation hypothesis originated in the late 1930s when Alvin Hansen proposed that the American economy will experience a prolonged depression because of the slowdown in demographics. Widely discussed in the aftermath of the Great Depression,
Artur F. Tomeczek
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Economic Stability and (or) Economic Growth
Управленческое консультирование, 2021 The article is devoted to consideration of two directions of state economic policy — maintaining economic stability and ensuring economic growth. The coronavirus pandemic has divided the world into “before and after”.
A. Ya. Zaporozhan
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The Smart Power of Abenomics: Shadows of Japanization and Long-term Challenges
Journal of Political Science: Bulletin of Yerevan University, 2023 This article discusses the main tasks of the smart power of Abenomics as the basis of the anti-crisis economic policy of modern Japan. The idea is argued that the Abe government proposed a program known as the “Three Arrows of Abenomics”, the ...
Simona Chuguryan +2 more
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State of Agriculture in Middle Urals in “Stagnant” Decade (1971—1980): Development or Stagnation?
Научный диалог, 2022 The relevance of the study is due to the enduring theoretical and practical interest shown by Russian society in the historical period studied in the article.
V. N. Mamyachenkov +2 more
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