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On Secular Stagnation in the Industrialized World


Understanding Secular Stagnation | Institut des Politiques Publiques

This results in a situation of secular stagnation, characterized by depressed inflation, weak economic growth, and under-employment. This has been the case in ...

Where are interest rates going? - WABE

Secular stagnation, however, disappeared with the pandemic. Both Summers and Blanchard say it's because of a historic amount of government ...

The global economy is in serious danger

The problem of secular stagnation — the inability of the industrial world to grow at satisfactory rates even with very loose monetary.

Our Economic Destiny: Written in R-stars? - Bank of Canada

Summers, “On Secular Stagnation in the Industrialized World,” NBER Working Paper 26198 (August 2019).[←]. Content Type(s): Press, Speeches ...

Secular Stagnation in the Global Economy - DIW Berlin

Dr. Summers will discuss the theory of secular stagnation and it´s potential relevance to recent global economic events. He will argue that the industrialized ...

Why have interest rates fallen far below the return on capital? - SUERF

Rachel, L.H. Summers, On secular stagnation in the industrialized world, Brook. Pap. Econ. Act., 2019 (1). (2019), pp. 1-54, 10.1353/eca.2019.0000. Page 6. Why ...

The Global Saving Glut and the Fall in U.S. Real Interest Rates

The role of weak investment worldwide appears to tie in well with the secular stagnation hypothesis—a close, but brasher, cousin of the GSG ...

Stagnation, the manufacturing fetish and the limits of capitalist wealth

In line with the post-industrial prophecy, advanced countries' manufacturing today produces more output with fewer workers than during the ...

Why Aging Induces Deflation and Secular Stagnation

Aging is occurring in many industrialized economies and reflects the combined effects of the post World War. II baby boom cohorts moving into ...

Economic stagnation - Wikipedia

Economic stagnation ... "Economic immobility" redirects here. For the concept in financial economics, see Economic immobilisation. Economic stagnation is a ...

Secular Stagnation: Evidence and Implications for Economic Policy

This paper investigates whether OECD countries are facing secular stagnation. Secular stagnation is defined as a situation when policy ...

Will the real Larry Summers please stand up?

We argue that the economy of the industrialized world, taken as a whole, is currently—and for the foreseeable future will remain—highly prone to ...

Secular stagnation and monopoly capitalism - Informa Healthcare

The period since circa 1980, in comparison with the pre-1980 period has been, for the Western industrialized countries, generally characterized by somewhat ...

A Simple Guide to "Secular Stagnation"

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

Secular stagnation: The history of a heretical economic idea - CEPR

The notion of secular stagnation – a state of negligible or zero economic growth – is back in the headlines. Questions naturally arise about ...

The Great Inflation | Federal Reserve History

During World War II, the world's industrial nations agreed to a global monetary system that they hoped would bring greater economic stability and peace by ...

‪Lukasz Rachel‬ - ‪Google 学术搜索‬

On secular stagnation in the industrialized world. Ł Rachel, LH Summers. National Bureau of Economic Research, 2019. 233, 2019 ; Are low real interest rates here ...

Demand Side Secular Stagnation

Hansen wrote before he knew there was going to be a Second. World War, a baby boom, massive investments involved in creating modern suburbia, ...

What it means to suffer from secular stagnation - The Economist

To explain rich countries' poor growth, some economists (most notably Larry Summers, a former American Treasury secretary, pictured above), ...

Secular Stagnation: A Long Read - Medium

Secular stagnation is a state of weak aggregate demand characterized by low inflation and interest rates below the zero-lower bound (Klein, ...