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Stagnation Theory and Stagnation Policy
1990Following the traditions of Kalecki and Keynes, we are led to believe that a high long-term rate of growth is necessary to establish an adequate use of capacity and full employment, because somehow our economy is rather inflexibly adjusted to such high long-term rates of growth.
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PRODUCTION SUBSIDY AS A MACROECONOMIC POLICY IN A STAGNATION ECONOMY [PDF]
This paper analyzes the effects of a changing production subsidy in a model with money-in-the-utility function for households, monopolistic competition amongst an endogenously-determined number of firms, and nominal wage sluggishness that can prevent the equilibrium from attaining full employment.
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Stagnation and Change in Irish Penal Policy
The Howard Journal of Criminal Justice, 2008Abstract: Anyone with even a cursory interest in the prison system of the Republic of Ireland will be struck by how quickly one arrives at the frontiers of knowledge. Getting the measure of penal policy issues is not so much a question of weighing up competing claims for understanding and sifting the accumulated evidence, as attempting to paint a ...
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Between modernisation and stagnation: Russian economic policy and global crisis [PDF]
This paper deals with the trends in the world and Russian economies towards the development of a new post-crisis system, including technological and structural transformation. Three main scenarios of Russian economic development (conservative, innovation and acceleration) are discussed based on historical analysis of Russian economic performance since ...
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Fiscal Policy and Stagnation since 1957
Southern Economic Journal, 1963Since 1957 the economy of the United States has been marked by an alarmingly slow rate of growth, deficient demand, and growing unemployment. As has happened before, the specter of secular inflation has been replaced by the specter of secular stagnation. Recent events have started many wondering whether the U. S.
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The End of the Japanese Stagnation: An Assessment of the Policy Solutions [PDF]
After more than a decade of stagnant growth, the Japanese economy is showing signs of full recovery, with deflation also having come to an end. Since the mid 1990s both supply side and demand side policy solutions to the Japanese stagnation have been suggested.
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Stagnated Policy Shifts in Colombia
Abstract The Bogotá River in Colombia was engulfed by slow-moving environmental harms for decades as cries from impacted communities were ignored by public officials. Strong grassroots activism, or bonding mobilization, emerged but was not accompanied by equally robust bridging mobilization, resulting in pollution remediation reforms ...openaire +1 more source
Stagnation policy in the Eurozone and post-Keynesian economic policy alternatives
2019Empirically, the macroeconomic institutions and the macroeconomic policy approach in the Eurozone have failed badly, both in terms of preventing the global financial and economic crisis from becoming a euro crisis and in generating a rapid recovery from the crisis, in particular.
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Between Modernization and Stagnation: Economic Policy in 2012
Voprosy Ekonomiki, 2013The paper deals with the trends in the world and Russian economies towards development of a new post-crisis system, including technological and structural transformation. Three main scenarios of Russian economic development (conservative, innovation and acceleration) are discussed basing on historical analysis of Russian economic performance since 1970-
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Escaping Secular Stagnation with Unconventional Monetary Policy
SSRN Electronic Journal, 2022Luba Petersen, Ryan Rholes
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