Secular stagnation : is immigration part of the solution?
In our article we review the secular stagnation hypothesis, firstly postulated by Hansen (1939), to describe the current macroeconomic dynamics faced by developed economies. Based in the existing literature, we elaborate on a workable definition of secular stagnation founded on four pillars: diminis...
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| Format: | workingPaper |
| Language: | eng |
| Published: |
2022
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| Online Access: | http://hdl.handle.net/10400.5/23361 |
| Country: | Portugal |
| Oai: | oai:www.repository.utl.pt:10400.5/23361 |