The role of inequality in explaining the secular stagnation hypothesis
This paper focuses on one of the factors that have been put forward in the literature within the secular stagnation view: Rising inequality. In a two-step procedure, this research first applies the Laubach and Williams (2003) methodology to jointly estimate the natural rate of interest (NRI), potent...
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Format: | masterThesis |
Language: | eng |
Published: |
2019
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Subjects: | |
Online Access: | http://hdl.handle.net/10362/32559 |
Country: | Portugal |
Oai: | oai:run.unl.pt:10362/32559 |