Why Aging Induces Deflation and Secular Stagnation

Why Aging Induces Deflation and Secular Stagnation. R. Anton Braun and Daisuke Ikeda. Working Paper 2022-12. September 2022. Abstract: We ...

Monetary and Economic Studies. Page 3. IMES Discussion Paper Series 2022-E-15. October 2022. Why Aging Induces Deflation and Secular. Stagnation.

Why Aging Induces Deflation and Secular Stagnation

We provide a quantitative theory of deflation and secular stagnation. In our lifecycle framework, an aging population puts persistent ...

Why Aging Induces Deflation and Secular Stagnation

R. Anton Braun and Daisuke Ikeda Working Paper 2022-12. September 2022 ... Abstract: We provide a quantitative theory of deflation and secular ...

Why Aging Induces Deflation and Secular Stagnation - IDEAS/RePEc

Abstract. We provide a quantitative theory of deflation and secular stagnation. In our lifecycle framework, an aging population puts persistent downward ...

Why Aging Induces Deflation and Secular Stagnation - Fed in Print

Abstract: We provide a quantitative theory of deflation and secular stagnation. In our lifecycle framework, an aging population puts persistent ...

Why Aging Induces Deflation and Secular Stagnation

R. Anton Braun, Daisuke Ikeda. We provide a quantitative theory of deflation and secular stagnation. In our lifecycle framework an aging population puts ...

Why aging induces deflation and secular stagnation - EconBiz

Why aging induces deflation and secular stagnation ; Tokyo, Japan : Institute for Monetary and Economic Studies, Bank of Japan.

Aging, Deflation, and Secular Stagnation - IDEAS/RePEc

We present evidence that the aging of the population was depressing the inflation rate, as well as real interest rates and GDP growth, prior to the COVID ...

News & Events | Virginia Center for Economic Policy - OpenScholar

We provide a quantitative theory of deflation and secular stagnation. In our lifecycle framework, an aging population puts persistent downward pressure on ...

Aging, interest rates and deflation.

The nominal interest rate has declined to its effective lower bound. Secular stagnation. Per capita output growth is persistently below previous ...

Go Beyond Stop-Gap Solutions to Overcome Secular Stagnation

Moreover, as the aging of society causes the average productivity to decline, per-capita production volume falls. As the working-age population ...

Aging and deflation from a fiscal perspective - ScienceDirect.com

Aging is deflationary when caused by an increase in longevity but inflationary when caused by a decline in birth rate. Over the past 40 years, aging has ...

Aging and Deflation from a Fiscal Perspective*

Our analysis reveals that the effects of aging depend on its causes. Aging is deflationary when caused by an increase in longevity but inflationary when caused ...

Population ageing and inflation with endogenous money creation

This paper models a mechanism through which population ageing may induce a deflationary process. We propose an overlapping-generations model (OLG) with money ...

Secular stagnation - Wikipedia

In economics, secular stagnation is a condition when there is negligible or no economic growth in a market-based economy.

Why an ageing population doesn't mean soaring inflation

Aggregate demand falls because the elderly spend less, while firms – expecting weaker demand due to slowing population and productivity growth – ...

secular stagnation | Keywords - Fed in Print

We provide a quantitative theory of deflation and secular stagnation. In our lifecycle framework, an aging population puts persistent downward pressure on the ...

Aging, Secular Stagnation and the Business Cycle in - IMF eLibrary

Summers (2014), for example, argues that the US has entered a period of secular stagnation characterized by low real interest rates and ...

The Age of Secular Stagnation - jstor

have tipped into deflation. But monetary- policy makers need to acknowledge much more explicitly that neutral real rates have fallen substantially and that ...