Przeglądaj według tematu "secular stagnation"
Wyświetlanie pozycji 1-2 z 2
-
The secular stagnation hypothesis and the future of Europe’s advanced economies
(2020)The secular stagnation hypothesis originated in the late 1930s when Alvin Hansen proposed that the American economy will experience a prolonged depression because of the slowdown in demographics. Widely discussed in the ... -
R&D Capital : An Engine of Growth
(2022-05-10)Research and development (R&D) requires not only skilled research work, but also dedicated machinery and equipment: R&D capital. In this paper I demonstrate that R&D, producing labor-augmenting ideas, and the accumulation ...