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The Secular Stagnation Hypothes is and the Future of Europe’s Advanced Economies
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
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
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?
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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Structural unemployment, underemployment, and secular stagnation
We introduce a preference for wealth into the standard search and matching model to analyze the labor market when there is persistent demand shortage.
K. Hashimoto +2 more
semanticscholar +1 more source
Policies and actions to reduce maternal mortality in Nepal: perspectives of key informants
Nepal made impressive progress in reducing maternal mortality until 2015. Since then, progress has stagnated, coinciding with Nepal’s transition to a federation with significant devolution in health management. In this context, we conducted key informant
Rajendra Karkee +5 more
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European Monetary Union: Badly Prepared for Big Crises
Even before the COVID-19 crisis, the European Monetary Union (EMU) exhibited an unsatisfactory economic development with low growth and inflation rates below the target rate of the central bank. Macroeconomic coordination among monetary and fiscal policy
Michael Heine, Hansjörg Herr
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SECULAR STAGNATION, R&D, PUBLIC INVESTMENT, AND MONETARY POLICY: A GLOBAL-MODEL PERSPECTIVE
We evaluate the global macroeconomic effects of cross-country-coordinated fiscal and monetary policies to counterbalance secular stagnation by simulating a five-region New Keynesian model of the world economy, calibrated to the United States (US), the ...
Pietro Cova +3 more
semanticscholar +1 more source
Tying Your Hands and Getting Stuck? The European Origins of Italy's Economic Stagnation
The dominant interpretation of Italian economic stagnation in the last decades is that this is due to insufficient liberalisation, but an alternative explanation emphasises the unintended consequences of Italy's strategy of tying itself to the European ...
Lucio Baccaro, Massimo D’Antoni
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This study seeks to identify the spatial distribution of and changes in areas of economic growth and stagnation in Poland resulting from spatial differences in the process of the country’s socio-economic advancement.
Churski Paweł
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