. Thus, the present model provides an analytical framework for persistent stagnation. …

and thereafter Japan has been suffering secular stagnation. This paper proposes a dynamic macroeconomic model that can … approaches zero even if productivity keeps on increasing, and secular stagnation arises. …

's status preference an economy exhibits a completely opposite performance; permanent growth or persistent stagnation. If the …

country into stagnation. We also find that immigrants' remittances are harmful to the host country under full employment but … beneficial under secular stagnation …

and thereafter Japan has been suffering secular stagnation. This paper proposes a dynamic macroeconomic model that can … approaches zero even if productivity keeps on increasing, and secular stagnation arises …

Why do advanced economies fall into prolonged periods of economic stagnation, particularly in the aftermath of credit … that financially more deregulated economies are more likely to experience persistent stagnation. In the short run, credit …