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stagnation in developed countries and consequently in the entire world economy. This ongoing prolonged stagnation can only be …After the 2008 crisis, despite economic recovery that started in 2009, the world economy has experienced a downward … stagnation are totally attributable to the economic dynamics in developed economies, the USA and the EU. Explanations of this …
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This paper presents a model of secular stagnation, income and wealth distribution, and employment in the Classical …
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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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