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The paper analyses the idea of “secular stagnation” actively discussed in the recent economic literature. It examines the most popular versions of this idea offered by T. Kowen, R. Gordon and L. Summers. Author concludes that in the next decades a slowdown of economic growth in the U.S. is...
Persistent link: https://www.econbiz.de/10011286409
The paper analyses the "race" between wages and labor productivity in the contemporary Russian economy. It continues … dynamics in labor productivity and labor compensation during the economic crises of 2008-2009 and subsequent years. Author … productivity is wrong: over 1997-2012 there was no stable relationship and waves of faster wage growth alternated with waves of …
Persistent link: https://www.econbiz.de/10010241306
Persistent link: https://www.econbiz.de/10003829612
Persistent link: https://www.econbiz.de/10009627157