A Contagious Malady? Open Economy Dimensions of Secular Stagnation
نویسندگان
چکیده
منابع مشابه
Aggregate Demand, Functional Finance and Secular Stagnation
This paper makes three main points. Fiscal policy, rst, may be needed in the long run to maintain full employment and avoid secular stagnation. If scal policy is used in this way, second, the long-run debt ratio depends (i) inversely on the rate of growth, (ii) inversely on government consumption, and (iii) directly on the degree of inequality. The analysis, third, suggests that policies and ...
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FARMFR GEORGE was a mad king, and so we lost the American colonies: such in brief is the recollection of what the man-in-the-street garnered at school. It is remarkable that so little attention has been paid to the nature of George III's malady, and it is a sad reflection on British medical historians that during the 200 years that have elapsed since his first overt attack of illness, there hav...
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ژورنال
عنوان ژورنال: IMF Economic Review
سال: 2016
ISSN: 2041-4161,2041-417X
DOI: 10.1057/s41308-016-0019-8