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examine the effect of capital flows on the transmission of stagnation. In a world with a low natural rate of interest, greater …Conditions of secular stagnation - low interest rates, below target inflation, and sluggish output growth … - characterize much of the global economy. We consider an overlapping generations, open economy model of secular stagnation, and …
Persistent link: https://www.econbiz.de/10012989734
examine the effect of capital flows on the transmission of stagnation. In a world with a low natural rate of interest, greater …Conditions of secular stagnation - low interest rates, below target inflation, and sluggish output growth … - characterize much of the global economy. We consider an overlapping generations, open economy model of secular stagnation, and …
Persistent link: https://www.econbiz.de/10012456376
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Staatsverschuldung und Außenhandel wirken über verschiedene Kanäle auf die Entwicklung von Volkswirtschaften. Um die Wirkungsmechanismen zu eruieren, werden mikroökonomisch fundierte dynamische makroökonomische Modelle diskutiert. Zur Anwendung kommen Modelle überlappender Generationen. In...
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Pasinetti (1962) approach to differential saving propensities among classes with the theory of induced technical change (ITC) by …
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