Secular stagnation: theory and remedies

DOI10.1016/j.jet.2018.04.011zbMath1419.91513OpenAlexW2279028813WikidataQ129916097 ScholiaQ129916097MaRDI QIDQ1757586

Jean-Baptiste Michau

Publication date: 15 January 2019

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://hal-polytechnique.archives-ouvertes.fr/hal-01211667/file/Cahier%20n%C2%B0%202015-13_JB.%20MICHAU.pdf

zbMATH Keywords

liquidity trapmonetary and fiscal policyKeynesian economicssecular stagnation

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Related Items (3)

Positional preferences and efficiency in a dynamic economy ⋮ Structural unemployment, underemployment, and secular stagnation ⋮ Monetary and fiscal policy in a liquidity trap with inflation persistence

Cites Work

• On the Long-Run Evolution of Inheritance: France 1820–2050 *
• The Safety Trap
• Stagnation Traps
• The General Theory of Employment, Interest, and Money
• Wealth Inequality and Intergenerational Links
• Optimal Economic Growth and Wealth Effects
• The perils of Taylor rules

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