Results 271 to 280 of about 4,577,214 (328)

Secular Stagnation : Evidence and Implications for Economic Policy

Secular Stagnation : Evidence and Implications for Economic Policy
openaire  

Some of the next articles are maybe not open access.

Related searches:

Secular Stagnation and Macroeconomic Policy

IMF Economic Review, 2018
Secular stagnation theory has developed substantially recently and offers substantial insights that policymakers have yet to fully internalize. This paper reviews the considerations that led me to revive the secular stagnation idea, summarizes the theory as I understand it today, and argues that events since I started advocating the secular stagnation ...
L. Summers
exaly   +3 more sources

Stagnation Theory and Stagnation Policy

1990
Following 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.
J. Steindl
openaire   +2 more sources

Stagnation policy in the Eurozone and post-Keynesian economic policy alternatives

Progressive Post-Keynesian Economics, 2019
Empirically, 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.
Eckhard Hein
openaire   +2 more sources

Monetary policy, financial uncertainty, and secular stagnation

North American Journal of Economics and Finance, 2020
Abstract A monetary policy framework describing how to cope with a financial crisis might alleviate a recession; however, it might also result in subsequent secular stagnation. Based on an empirical New Keynesian model with financial uncertainty, this study investigates how monetary policy can avoid sluggish economic recovery in response to financial
Yoshito Funashima
exaly   +2 more sources

Discussing Secular Stagnation: A case for freeing good ideas from theoretical constraints?

Structural Change and Economic Dynamics, 2020
This paper discusses the neoclassically-inspired Secular Stagnation Theory. Its ‘demand side’ explanation is based on a long-run equilibrium position featuring a negative natural rate of interest.
Stefano Di Bucchianico
exaly   +2 more sources

The Japanese Economy: Stagnation, Recovery, and Challenges

Journal of Economic Issues, 2019
: The Japanese economy is showing signs of a moderate recovery after more than two decades of stagnation. This stagnation was characterized by low inflation or outright deflation, subdued long-term interest rates, elevated government debt and chronic ...
Tanweer Akram
exaly   +2 more sources

Between Modernization and Stagnation: Economic Policy in 2012

Voprosy Ekonomiki, 2013
The 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-
V. Mau
openaire   +2 more sources

Fiscal policy under deflationary gap and long-run stagnation: Reinterpretation of Keynesian multipliers

Economic Modelling, 2015
Ryu-ichiro Murota, Yoshiyasu Ono
exaly   +2 more sources

Stagnation theory and stagnation policy

Cambridge Journal of Economics, 1979
exaly   +2 more sources