107
Views
0
CrossRef citations to date
0
Altmetric
Research Articles

Secular Stagnation as a Result of Economic Maturity or Deepening Underdevelopment?

References

  • Banerjee, Ryan Nilardi, and Boris Hoffman. 2018. “The Rise of Zombie Firms: Causes and Consequences.” BIS Quarterly Review, September 2018: 67–78.
  • Blinder, Alan. 2004. “The Case Against the Case Against Discretionary Fiscal Policy” CEPS, Working Paper no. 100. Prepared for Federal Reserve Bank of Boston conference, “The Macroeconomics of Fiscal Policy,” Chatham, Mass: June 14–16.
  • Correa, Eugenia. 1998. Crisis y desregulación financiera. México: Siglo XXI Editores.
  • Eichengreen, Barry. 2015. “Secular Stagnation: The Long View.” American Economic Review 105 (5): 66–70.
  • Friedman, Milton. 1970. “The Counter–revolution in Monetary Theory” [IEA Occasional Paper no. 33, mimeo]. London: Institute of Economic Affairs.
  • Friedman, Milton, and Anna Schwartz. 1963. A Monetary History of the United States 1867–1960, Princeton, NJ: Princeton University Press.
  • Galbraith, John Kenneth. 1975. Money: From Whence It Came, Where It Went. Boston: Houghton Mifflin.
  • Keynes, John Maynard. 1936. The General Theory of Employment, Interest, and Money. London: Macmillan.
  • Krugman, Paul. 2013. “Secular Stagnation, Coalmines, Bubbles, and Larry Summers.” The New York Times, November 16, 2013.
  • Łukasz, Rachel, and Lawrence H. Summers. 2019. “On Falling Neutral Real Rates, Fiscal Policy, and the Risk of Secular Stagnation.” Brookings Papers on Economic Activity. BPEA Conference Drafts, March 7–8. Available at https://www.brookings.edu/wp-content/uploads/2019/03/On-Falling-Neutral-Real-Rates-Fiscal-Policy-and-the-Risk-of-Secular-Stagnation.pdf. Last accessed: December 12, 2021.
  • Sharpe, Steve A., and Gustavo A. Suarez. 2014. “Why isn’t Investment More Sensitive to Interest Rates: Evidence from Surveys, Finance and Economics,” Discussion Series Divisions of Research & Statistics and Monetary Affairs. Washington, DC: Federal Reserve Board Working Paper.
  • Summers, Lawrence H. 2014. “US Economic Prospects: Secular Stagnation, Hysteresis and the Zero Lower Bound.” Business Economics 49 (2): 65–73.
  • Summers, Lawrence H. 2020. “Accepting the Reality of Secular Stagnation.” Finance and Development. Washington, DC: IMF.
  • Temin, Peter. 2016. “The American Dual Economy.” International Journal of Political Economy, 45 (2): 85–123.
  • Vernengo, Matias. 2020. “Una nota sobre los bancos centrales en el centro y en la periferia: estancamiento secular y restricción externa.” Problemas del Desarrollo, 51 (2): 45–62
  • Vidal, Gregorio. 2019. “Austeridad, transnacionalización y grandes empresas.” in Alicia Girón and Eugena Correa (eds), Cambios en el centrp hegemónico: Flujos Financieros, México: UNAM, 27–42.
  • Vidal, Gregorio. 2021. “Recession, Financial Instability, Social Inequality and the Health Crisis.” Review of Political Economy, (33) 4: 711–724.
  • Vidal, Gregorio, and Wesley C. Marshall. 2014. “Has the US lurched into a process of underdevelopment? Insights from Celso Furtado.” Journal of Economic Issues 47 (4): 837–864.
  • Vidal, Gregorio, and Wesley C. Marshall. 2017. “Vested Interests and the Common Man as Seen Through Monetary and Fiscal Policy: Flooding Wall Street or Main Street?” Journal of Economic Issues 51 (2): 440–445.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.