Secular Stagnation: The Long View / Barry Eichengreen.
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Working Paper | Biblioteca Digital | Colección NBER | nber w20836 (Browse shelf(Opens below)) | Not For Loan |
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January 2015.
Four explanations for secular stagnation are distinguished: a rise in global saving, slow population growth that makes investment less attractive, averse trends in technology and productivity growth, and a decline in the relative price of investment goods. A long view from economic history is most supportive of the last of these four views.
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