{"id":7553,"date":"2014-10-30T10:58:41","date_gmt":"2014-10-30T08:58:41","guid":{"rendered":"http:\/\/www.poleconomix.gr\/portal\/?p=7553"},"modified":"2014-11-04T10:33:30","modified_gmt":"2014-11-04T08:33:30","slug":"reflections-on-the-new-secular-stagnation-hypothesis","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/reflections-on-the-new-secular-stagnation-hypothesis\/","title":{"rendered":"Reflections on the new &#8216;Secular Stagnation hypothesis&#8217;"},"content":{"rendered":"<p>Lawrence Summers.<\/p>\n<p>The notion that Europe and other advanced economies are suffering secular stagnation is gaining traction. This column by Larry Summers \u2013 first published in the Vox eBook \u201cSecular Stagnation: Facts, Causes and Cures\u201d \u2013 explains the idea. It argues that a decline in the full-employment real interest rate coupled with low inflation could indefinitely prevent the attainment of full employment.<\/p>\n<p><strong>\u03a0\u03b7\u03b3\u03ae:<\/strong> Voxeu<\/p>\n<p><a href=\"http:\/\/www.voxeu.org\/article\/reflections-new-secular-stagnation-hypothesis\" target=\"_blank\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lawrence Summers. The notion that Europe and other advanced economies are suffering secular stagnation is gaining traction. This column by Larry Summers \u2013 first published in the Vox eBook \u201cSecular Stagnation: Facts, Causes and Cures\u201d \u2013 explains the idea. It argues that a decline in the full-employment real interest rate coupled with low inflation could [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,39,4],"tags":[28],"class_list":["post-7553","post","type-post","status-publish","format-standard","hentry","category-18","category-39","category-proposals","tag-28"],"_links":{"self":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/7553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/comments?post=7553"}],"version-history":[{"count":2,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/7553\/revisions"}],"predecessor-version":[{"id":7561,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/7553\/revisions\/7561"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=7553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=7553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=7553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}