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What Is Secular Stagnation?


Secular Stagnation: R.I.P. - Morgan Stanley

Secular Stagnation: R.I.P.. AUTHOR. ANDREW HARMSTONE. Managing Director. Andrew is Lead Portfolio Manager for the. Global Balanced Risk Control Strategy (GBaR) ...

Is the economy suffering from "secular stagnation"? - CBS News

The term secular stagnation originated with Alvin Hansen in the late 1930s. Hansen, a Harvard economist, was worried that slower population ...

Economic stagnation - Wikipedia

Economic stagnation is a prolonged period of slow economic growth (traditionally measured in terms of the GDP growth), usually accompanied by high unemployment.

Why 'secular stagnation' matters - BBC News

Under secular stagnation it is, as Summers argues, a fiscal expansion. But if the problem is a global savings glut then the right policy is to ...

How to tackle secular stagnation | World Economic Forum

The optimal response to the threat of secular stagnation therefore includes extensive debt restructuring where there is an overhang of debt and ...

Why 'secular stagnation' matters

The latest episode of the Pocket Economics podcast looks at the concept of secular stagnation, the condition of low or no growth in a market ...

Secular Stagnation, Not Secular Stagflation by Willem H. Buiter

Yes, the speed at which rates are raised, and at which asset purchases are reversed, will reflect financial-stability considerations. But ...

Implications of globalization and secular stagnation for monetary ...

My final answer is that globalization and secular stagnation make a sustained, coordinated fiscal expansion necessary for restoring growth to ...

Secular stagnation in today's economy. How can it be addressed?

Gregory Claeys, Research Fellow at Bruegel, discusses secular stagnation - defined as a long period of low growth, low employment, low inflation, and low long- ...

Secular Stagnation Theories - SpringerLink

This book provides a comprehensive overview of secular stagnation theories, from the classical economists to the most recent stagnation debate of the early ...

Is secular stagnation the new economic reality?

Second, policy instruments. Proponents of the secular stagnation hypothesis typically argue that a low equilibrium real interest rate makes ...

Secular stagnation: A false alarm in the euro area?

Rather, secular stagnation refers to an arbitrarily long period which persists only for as long as the major underlying driving forces prevail.

A CRITICAL ANALYSIS OF THE SECULAR STAGNATION THEORY

Abstract: In this paper a novel critique of the neoclassical Secular Stagnation theory is presented. Focusing in particular on the 'demand side' explanation, it ...

The end of “secular stagnation”? - The Economist

Economists frightened themselves with tales of “secular stagnation”: a nasty condition that dooms its victims to chronically weak growth.

The Myth Of Secular Stagnation - Social Europe

Those responsible for managing the 2008 recovery found the idea of secular stagnation attractive, because it explained their failures to ...

Secular Stagnation: A Supply-Side View

The supply side of secular stagnation refers to potential real GDP growth, the growth rate of output consistent with steady nonacceler- ating ...

A Model of Secular Stagnation: Theory and Quantitative Evaluation

In a secular stagnation steady state, inflation is persistently below target and output falls below trend, which closely matches the ob- served ...

Expanding economic activity in space may offer a solution to secular ...

The phrase “secular stagnation” was meant to capture both the persistent nature of the threat and its core feature, namely slow or negligible ...

A Simple Guide to "Secular Stagnation" | HuffPost Impact

Summers' account of demand-driven "secular stagnation" turns conventional business cycle analysis on its head. In macroeconomics or money ...

The Economic Hokum of 'Secular Stagnation' - Hoover Institution

According to the modern version, secular stagnation began 10 years ago when the rate of return on capital—or what Mr. Summers called in his IMF ...


Secular stagnation

In economics, secular stagnation is a condition when there is negligible or no economic growth in a market-based economy. In this context, the term secular means long-term, and is used in contrast to cyclical or short-term.