Secular Stagnation

April 10th, 2014

“There is increasing concern that we may be in an era of secular stagnation in which there is insufficient investment demand to absorb all the financial savings done by households and corporations, even with interest rates so low as to risk financial bubbles.” Boston Globe, April 11, 2014

“Secular Stagnation? The Future Challenge for Economic Policy,” Institute for New Economic Thinking, Toronto April 12, 2014

“Idle Workers+Low Interest Rates=Time to Rebuild Infrastructure,” Boston Globe, April 11, 2014

Fiscal Policy And Full Employment,” Center on Budget and Policy Priorities, by Laurence Ball, Brad DeLong, and Larry Summers, April 2, 2014

US Economic Prospects: Secular Stagnation, Hysteresis, and the Zero Lower Bound, National Association of Business Economics, February 24, 2014. Link to text

Washington Must Not Settle For Secular Stagnation,” The Financial Times, January 5, 2014

“Why Stagnation May Prove To Be The New Normal,” The Financial Times, December 15, 2013

 IMF 14th Annual Research Conference In Honor Of Stanley Fisher, International Monetary Fund, November 8, 2013