Secular Stagnation: What the Debate is about?
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Note: The author would like to thank Laszlo Andor, Marcelo Castro, Reinout De Bock, Charles Hallion and Andras Hudecz for helpful comments on previous drafts of this paper.
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Keywords
growth; hysteresis; interest rate; saving; investment; stagnation;All these keywords.
JEL classification:
- E00 - Macroeconomics and Monetary Economics - - General - - - General
- F00 - International Economics - - General - - - General
- O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
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