Is secular stagnation a valid concern for Euro Area countries? We tackle this question using the well … extensive since the beginning of the financial crisis. Hence, the question of secular stagnation has to be answered at the … country level. Our results indicate that secular stagnation does not appear to be a significant threat to most Euro Area …

Is secular stagnation—a period of persistently lower growth such as that seen following the financial crisis of 2008 … euro-area countries to provide country-level answers to the question of secular stagnation. The presence of secular … stagnation in a number of euro-area countries has important implications for ECB decision-making (e.g. voting power in the …

Is secular stagnation - a period of persistently lower growth such as that seen following the financial crisis of 2008 … twelve euro-area countries to provide country-level answers to the question of secular stagnation. The presence of secular … stagnation in a number of euro-area countries has important implications for ECB decision-making (i.e., voting power in the …

2026, with the impact expected to be significantly larger in the main beneficiary countries. In Italy and Spain, two of the …

We provide a quantitative theory of deflation and secular stagnation. In our lifecycle framework, an aging population …

stagnation by simulating a five-region New Keynesian model of the world economy, calibrated to the United States (US), the euro …

, which could be a harbinger of secular stagnation if the real rate declines. Outcomes of VAR models for Japan, Germany and … natural rate will be more effective in avoiding secular stagnation than reducing the real rate through higher inflation …

to the European mast) contributed to Italy's stagnation over the past twenty-five years? The existing literature is … divided on this question. The dominant interpretation is that Italy's stagnation is due to insufficient liberalization, and …, but without the external constraint, the stagnation would likely have been less deep. …

periphery countries, but surely they will drive Euro Area as a whole to stagnation and lost decades of economic growth, if not … to its disintegration. Considering the debt crisis as a problem of the PIIGS (Portugal, Ireland, Italy, Greece, Spain …