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A Contagious Malady? Open Economy Dimensions of Secular Stagnation

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NBER2016-06-01 更新2025-01-04 收录
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Conditions of secular stagnation - low interest rates, below target inflation, and sluggish output growth - characterize much of the global economy. We consider an overlapping generations, open economy model of secular stagnation, and examine the effect of capital flows on the transmission of

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2016-06-01
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