In the aftermath of the recent global financial crisis, advanced economies have continued to experience sluggish growth. Is this slow post crisis growth the result of a policy response that was overly reliant on monetary policy, which ran into the zero interest rate lower bound before growth, was restored? Looking deeper, is secular stagnation, which is related to the zero lower bound and was recently brought to the fore by Larry Summers, another...
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详细
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2014/04/01
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简介
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86483
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1
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1
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2014/04/04
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Disclosed
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Sluggish post crisis growth : policies, secular stagnation, and outlook
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Poverty Reduction & Economic Management