Munich Personal RePEc Archive

Una stagnazione secolare? Italia, Giappone, Stati Uniti, 1950-2015

Daniele, Vittorio (2015): Una stagnazione secolare? Italia, Giappone, Stati Uniti, 1950-2015.

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Abstract

This paper discusses the hypothesis of secular stagnation. Firstly, the debate on stagnation, from Alvin Hansen (1938) to Marxists and more recent interpretations is illustrated. Then, the demographic and macroeconomic trends of Italy, Japan and the United States are examined in relationship with the secular stagnation hypothesis.

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