Secular Stagnation Theory

GPTKB entity

Statements (31)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:appliesTo advanced economies
gptkbp:citation debates on negative interest rates
policy discussions on fiscal stimulus
post-2008 financial crisis analysis
gptkbp:contrastsWith supply-side economics
gptkbp:criticizedFor gptkb:Ben_Bernanke
gptkb:Robert_J._Gordon
gptkbp:describes low interest rates
high unemployment
low economic growth
persistent lack of demand
gptkbp:focusesOn income inequality
demographic changes
declining population growth
excess savings
insufficient investment
long-term economic stagnation
technological stagnation
https://www.w3.org/2000/01/rdf-schema#label Secular Stagnation Theory
gptkbp:influenced macroeconomic policy debates
gptkbp:proposedBy gptkb:Alvin_Hansen
1938
ineffectiveness of monetary policy at zero lower bound
chronic demand shortfall
gptkbp:relatedTo gptkb:Keynesian_economics
demand-side economics
gptkbp:revival gptkb:Lawrence_Summers
2013
gptkbp:bfsParent gptkb:Lawrence_Summers
gptkbp:bfsLayer 4