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excessive savings or low interest ratesledto secular stagnation
a heavy overdose of savings ( relative to investment ) , which is caused by higher retirement savings due to declining population growth and an ageing labour force ... higher income inequality ... and an inflow of precautionary Asian savings(passive) is caused byThe secular stagnation
Now other factors add their own dragcreatingsecular stagnation
that it 's not the same thing as a slow growing of economic potential ,might ... contributeto secular stagnation
However , an aging population does n’t necessarily haveto leadto secular stagnation
phenomena such as aging populations and an increased reluctance to invest(passive) caused bysecular stagnation
Unprecedented Monetary Policy EasingCreatingSecular Stagnation
ultra - easy monetary policyhas contributedto secular stagnation
aging populations , over indebtedness , and limited investment in capital goods(passive) caused bysecular stagnation
both cyclical factors and structural factors – e.g. , low productivity growth and widening income inequalitymay leadto secular stagnation
technology and globalization(passive) caused bysecular stagnation ”
a significant imbalance between savings and spending linked to ongoing low interest rates(passive) caused bysecular stagnation
Various other factorscontributedto secular stagnation
the savings and investment imbalancecausessecular stagnation
ageing , slowing productivity growth , falling prices of investment goods , reductions in public investment , rising inequality , the “ global savings glut ” and shifting preferences for less risky assets(passive) caused bysecular stagnation
an imbalance between savings and business investment(passive) to be caused bySecular stagnation
Inequality is also a problem in another wayleadsto secular stagnation
INSEAD Knowledge , March 2017 Shareholder primacyis causingsecular stagnation
the wrong problem for secular - stagnation hypothesis ... the inequalitycausedsecular stagnation
The Economic Consequences of Shareholder Value Maximisation Shareholder primacyis causingsecular stagnation
If there does not occur capital - using technological change , this will result in decline in investment opportunities in the long runcausingsecular stagnation
because aging will create an excess of savings over desired investmentleadingto secular stagnation
a chronic excess of savings ( hence shortfall of demand ) , one that monetary policy can't remedy if interest rates are already very low(passive) is caused bysecular stagnation
Common Goals Not Necessary for Win - Win Negotiations | INSEAD Knowledge Shareholder primacyis causingsecular stagnation
Aging demographics , resulting from people living longer and fertility rates fallingare contributingto secular stagnation
that the structural factors that are responsible for the low neutral rate could persist well into the futurecontributingto “ secular stagnation
sluggish wagesis leadingto secular stagnation
that shovel - ready jobs such as roads and railroad spending have done little to change the equationleadingto secular stagnation
demographycausessecular stagnation
This particular distortion of capitalismleadsto secular stagnation
a growing gap between the private sector ’s desired saving and investment(passive) is caused bySecular stagnation
energy constraints(passive) May be caused bySecular stagnation
structural reforms ... a major priorityto preventsecular stagnation
constant demand - side policies(passive) caused bysecular stagnation
the closing of the economic frontier(passive) caused bysecular stagnation
to fully address legacies of the financial crisisleadingto secular stagnation
long term consequences ( lower output latercan contributeto secular stagnation
As it is unclearhas ledto secular stagnation
too many people wanting to save and not enough people wanting to invest(passive) is being caused bysecular stagnation
ageing populationsleadto secular stagnation
in so the American economy would never grow rapidly again because all the growth ingredients had played out , including technological innovation and population growth ... the only solution , he argued , was constant , large - scale deficit spending by the federal governmenthad setin so the American economy would never grow rapidly again because all the growth ingredients had played out , including technological innovation and population growth ... the only solution , he argued , was constant , large - scale deficit spending by the federal government
poor U.S. economic performancecausingpoor U.S. economic performance
to long - term frustrationhas ledto long - term frustration
to sluggish wagesleadsto sluggish wages
in the constant tendency of saving to exceed investmentthus ... originatesin the constant tendency of saving to exceed investment
in and the sense of opportunity and possibility is removedsetsin and the sense of opportunity and possibility is removed
from slow or declining demographic growth and feeble productivity gainsresultingfrom slow or declining demographic growth and feeble productivity gains
this gap(passive) is caused bythis gap
from a lack of new technology - based businesses that are worth the cash - rich investing inpartly resultsfrom a lack of new technology - based businesses that are worth the cash - rich investing in
to a situation where capital supply becomes greater than capital demandleadsto a situation where capital supply becomes greater than capital demand
in if borrowing constraints or population decrease continues over a long period in an economy with sticky wagescould setin if borrowing constraints or population decrease continues over a long period in an economy with sticky wages
a low inflation trap that will be hard to emerge fromcreatinga low inflation trap that will be hard to emerge from
from huge structural trendsresultingfrom huge structural trends
from low employment and productivity growthresultingfrom low employment and productivity growth
the availability of capital to be greater than the demand for itcausesthe availability of capital to be greater than the demand for it
the low - interest - rate environment(passive) caused bythe low - interest - rate environment
in for world economieshas setin for world economies
a " savings gluthas ... causeda " savings glut
to a future in which chronic aggregate demand shortfalls become structural features of advanced economiescould leadto a future in which chronic aggregate demand shortfalls become structural features of advanced economies
from the aging of America ’s populationresultingfrom the aging of America ’s population
from anemic demandresultingfrom anemic demand
to another round of “ helicopter money ” , which only reinforces my belief that rates and the perception of risk in US government bonds will remain low for the foreseeable futuremay ... leadto another round of “ helicopter money ” , which only reinforces my belief that rates and the perception of risk in US government bonds will remain low for the foreseeable future
from the belief that there 's nothing great to invest inresultsfrom the belief that there 's nothing great to invest in
from a sustained lack of demand or low growth in productivitycan resultfrom a sustained lack of demand or low growth in productivity
from the belief that there ’s nothing great to invest in , that ’sresultsfrom the belief that there ’s nothing great to invest in , that ’s
in structurally lower growth rates for the major economies for the foreseeable futureresultingin structurally lower growth rates for the major economies for the foreseeable future
a vacuum(passive) created bya vacuum
to permanently low inflation and interest rates but be honest and ask what degree of confidence you have in that forecastwill leadto permanently low inflation and interest rates but be honest and ask what degree of confidence you have in that forecast
to lower domestic inflationcontributingto lower domestic inflation
in ( Robert Gordonhas setin ( Robert Gordon
in a structurally lower economic growth potentialmight resultin a structurally lower economic growth potential
a widespreadcreateda widespread
a dilemmacreatesa dilemma
from a loss of demandresultsfrom a loss of demand
possible de - ation(passive) caused bypossible de - ation
from a continuous deceleration of total productivity growth and an increase in planned savingsresultingfrom a continuous deceleration of total productivity growth and an increase in planned savings
the investment decline(passive) caused bythe investment decline
to low growth , weak inflation and low interest ratesleadingto low growth , weak inflation and low interest rates
possible deflation(passive) caused bypossible deflation
the key new challenges(passive) created bythe key new challenges