| Description |
1 online resource (432 p.) |
| Contents |
Front Cover -- HANDBOOK OF ECONOMIC STAGNATION -- HANDBOOK OF ECONOMIC STAGNATION -- Copyright -- Contents -- Contributors -- Introduction: Handbook on economic stagnation -- Overview of the contributions to this volume -- Part A: Secular stagnation: theory, causes, and evidence -- Hein: Stagnation policy: a Steindlian perspective -- Skott: Growth and stagnation in mature and dual economies -- Storm: The secular stagnation of productivity growth -- Kotz: Stagnation and social structures of accumulation -- Hein: Financialization and stagnation-a macroeconomic regime perspective |
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Fazzari: Hyman Minsky meets secular stagnation -- Nikiforos: Demand, distribution, productivity, structural change, and (secular?) stagnation -- Podkaminer: Economic stagnation in the Euro area -- Part B: Secular stagnation in the Global South -- Akyüz: Inequality, stagnation, financialization, and the Global South -- Bresser-Pereira, Feijó, and Araújo: Does the liberal policy regime condemn Latin America to quasi-stagnation? -- Blecker: Mexico: unequal integration and "stabilizing stagnation" -- Huerta: The stagnation of the Mexican economy is here to stay |
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Ferrari-Filho: The Brazilian stagnation and an economic agenda to ensure macroeconomic stability and social development -- Part C: The return of big government and economic prospects after the pandemic -- Wray: The role of big government: an introduction -- Dantas and Wray: Secular stagnation: as good as it gets? -- Tymoigne: Secular stagnation and the age of ultra-low interest rates -- Mattos: Monetary policy after the crisis-a Post-Keynesian critique -- Nersisyan and Wray: Biden's build back better proposal and the future of secular stagnation |
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A -- Secular stagnation: theory, causes, and evidence -- One -- Stagnation policy: a Steindlian perspective∗∗This contribution draws on Hein (2016, 2018), summarizing and fo ... -- Introduction -- A Steindlian model of distribution and growth -- The basic model -- Equilibrium growth with exogenous technological progress -- Equilibrium growth with endogenous technological progress -- The channels of stagnation policy and implications for its reversal -- Conclusions -- References -- Two -- Growth and stagnation in mature and dual economies -- Introduction |
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Mature economies, functional finance, and secular stagnation -- Dual economies and structural transformation -- Two cases: Japan and Brazil -- References -- Three -- The secular stagnation of productivity growth -- The 'slow-moving turtle' -- Potential output growth and productivity growth -- Total-factor-productivity (TFP) growth: solow variations -- Bringing demand in from the cold -- Wage growth as a determinant of productivity growth -- Conclusion: weak demand growth pulls down potential output growth -- Acknowledgments -- References -- Four -- Stagnation and social structures of accumulation |
| Notes |
Description based upon print version of record |
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Introduction11This chapter is a revised and updated version of Kotz and Basu (2019). Baris Guven provided research assistan .. |
| Form |
Electronic book
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| Author |
Dantas, Flávia
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| ISBN |
9780128162705 |
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0128162708 |
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