Secular stagnation and the demographic transition: a factor model approach

Secular stagnation is a tale of ageing economies permanently constrained in a below full-employment steady-state due to aggregate demand shortfalls. Using a factor model combined with a VAR for seven key macro-series augmented with demographics, we investigate the link between the demographic transi...

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Bibliographic Details
Main Author: Cordeiro, João Maria Pereira (author)
Format: masterThesis
Language:eng
Published: 2021
Subjects:
Demographics
Secular stagnation
Effective-lower bound
Factor
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
Online Access:http://hdl.handle.net/10362/121900
Country:Portugal
Oai:oai:run.unl.pt:10362/121900

Internet

http://hdl.handle.net/10362/121900

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