Secular Stagnation¶
Teulings, C., & Baldwin, R. (2014). Secular Stagnation: Facts, Causes and Cures. CEPR Press.
Cited by¶
1 citation across 1 artifact.
Domain-specific¶
- Secular Stagnation
- Economists reading the episode through secular stagnation argued that monetary policy had run out of room and that the binding remedy lay in sustained fiscal expansion and structural measures to lift investment, not in further rate cuts — a diagnosis that shaped the case for coordinated fiscal action later taken up in the pandemic-era recovery programs
Supported in partVerified against the source
- Economists reading the episode through secular stagnation argued that monetary policy had run out of room and that the binding remedy lay in sustained fiscal expansion and structural measures to lift investment, not in further rate cuts — a diagnosis that shaped the case for coordinated fiscal action later taken up in the pandemic-era recovery programs
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