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Economic erowth and monetary policy: Is there a new normal?

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  • Charles I. Plosser

Abstract

The George Washington University and Princeton University's Griswold Center for Economic Policy Studies Philadelphia, PA President Charles Plosser gives his views on the debate about a new normal for economic growth in the U.S. economy. He will also discuss the question of future productivity growth and highlight research in this area.

Suggested Citation

  • Charles I. Plosser, 2014. "Economic erowth and monetary policy: Is there a new normal?," Speech 107, Federal Reserve Bank of Philadelphia.
    • Handle: RePEc:fip:fedpsp:107
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    File URL: https://www.philadelphiafed.org/-/media/frbp/assets/institutional/speeches/plosser/2014/11-13-14-fed-and-monetary-policy.pdf
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    References listed on IDEAS

    as
    1. Robert J. Gordon, 2012. "Is U.S. Economic Growth Over? Faltering Innovation Confronts the Six Headwinds," NBER Working Papers 18315, National Bureau of Economic Research, Inc.
    2. Lawrence H Summers, 2014. "U.S. Economic Prospects: Secular Stagnation, Hysteresis, and the Zero Lower Bound," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 49(2), pages 65-73, April.
    3. Robert J. Gordon, 2014. "The Demise of U.S. Economic Growth: Restatement, Rebuttal, and Reflections," NBER Working Papers 19895, National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Gries, Thomas, 2019. "Income polarization and stagnation in a stochastic model of growth: When the demand side matters," VfS Annual Conference 2019 (Leipzig): 30 Years after the Fall of the Berlin Wall - Democracy and Market Economy 203576, Verein für Socialpolitik / German Economic Association.
    2. Fritz, Marlon & Gries, Thomas & Feng, Yuanhua, 2019. "Secular stagnation? Is there statistical evidence of an unprecedented, systematic decline in growth?," Economics Letters, Elsevier, vol. 181(C), pages 47-50.

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    More about this item

    Keywords

    Economic growth; Monetary policy; Stagnation; Productivity growth; Innovation;
    All these keywords.

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