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Lost Decade in Translation : Did the Us Learn from Japan's Post-Bubble Mistakes?
Harrigan, James - 2009
In 1991, the Japanese economy ended a historic expansion and entered a period of stagnation that has yet to abate. Nine …
Persistent link: https://www.econbiz.de/10012767618
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Takeoffs
Aizenman, Joshua - 2007
stagnation. We examine a panel of 241 quot;stagnation episodesquot; from 146 countries, 54 % of these episodes are followed by … takeoffs. Countries that experience takeoffs average 2.3% annual growth following their stagnation episodes, while those that …
Persistent link: https://www.econbiz.de/10012776960
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When Labor's Lost : Health, Family Life, Incarceration, and Education in a Time of Declining Economic Opportunity for Low-Skilled Men
Coile, Courtney - 2019
in which prime-age men are experiencing economic stagnation. We explore changes for prime-age men over time in education …
Persistent link: https://www.econbiz.de/10012892559
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Aging, Output Per Capita and Secular Stagnation
Eggertsson, Gauti - 2018
Great Financial Crisis decade. Indeed, during the “secular stagnation regime” of 2008-2015 that prevailed in a number of … countries, aging had a negative impact on living standards, consistent with the secular stagnation hypothesis …
Persistent link: https://www.econbiz.de/10012912537
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The Tail that Wags the Economy : Beliefs and Persistent Stagnation
Kozlowski, Julian - 2015
The Great Recession was a deep downturn with long-lasting effects on credit, employment and output. While narratives …
Persistent link: https://www.econbiz.de/10013011926
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Growing, Shrinking, and Long Run Economic Performance : Historical Perspectives on Economic Development
Broadberry, Stephen N. - 2017
Using annual data from the thirteenth century to the present, we show that improved long run economic performance has occurred primarily through a decline in the rate and frequency of shrinking, rather than through an increase in the rate of growing. Indeed, as economic performance has improved...
Persistent link: https://www.econbiz.de/10012957987
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Short-Run Effects of Lower Productivity Growth. A Twist on the Secular Stagnation Hypothesis
Blanchard, Olivier J. - 2017
explanation is correct, it has important implications for policy and for forecasts. It may weaken the case for secular stagnation …
Persistent link: https://www.econbiz.de/10012963167
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A Model of Secular Stagnation : Theory and Quantitative Evaluation
Eggertsson, Gauti B. - 2017
This paper formalizes and quantifies the secular stagnation hypothesis, defined as a persistently low or negative …
Persistent link: https://www.econbiz.de/10012964406
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Secular Stagnation? The Effect of Aging on Economic Growth in the Age of Automation
Acemoglu, Daron - 2017
desired investment, leading to secular stagnation. We show that there is no such negative relationship in the data. If …
Persistent link: https://www.econbiz.de/10012964893
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A Model of Secular Stagnation
Eggertsson, Gauti B. - 2014
light on the long persistence of the Japanese crisis, the Great Depression, and the slow recovery out of the Great Recession …
Persistent link: https://www.econbiz.de/10013045296