responsible for the stagnation phase that began in approximately 1995. Our findings also show that the decline in labor market … distortions that occurred in Italy during the 1990s alleviated the stagnation effect somewhat and prevented an even more abrupt …

This paper analyzes periods of economic stagnation in a panel of countries. We test if stagnation episodes are … stagnation episodes using multivariate dynamic linear models, fixed-effects logit models, and dynamic random effects probit … models. In addition, we analyze whether the included variables have different impacts on the onset of a stagnation episode …

have often focused on either stagnation or change as being the more representative image that needs explanation, rarely … its ability to confer legitimacy on the rulers. Change or stagnation has emerged as the outcome of the strategic …

Throughout his life, John Stuart Mill warned contemporaries about stagnation or immobility, a most dangerous phenomenon …, the perils of stagnation have not yet been subject to detailed scrutiny. This paper offers an analysis of the nature and … sources of stagnation as well as its likely effects. …

of stagnation or low growth. Comparative case studies of the Great Depression, the Latin American debt crisis of the 1980 … prosperity for a long time? The main conclusion is that stagnation after big financial crises becomes likely when the balance …