[宏觀經濟學研討會]A Model of Secular Stagnation
發文時間:2015-09-17
【ECON20151212】


宏觀經濟學研討會 (總第185期)

【時間】2015年9月23日(周三)12:15-13:45
【地點】明商0502教室
【主講】劉哲希 中國人民大學經濟學院
【主題】A Model of Secular Stagnation (written by Gauti B. Eggertsson and Neil R. Mehrotra, NBER Working Paper , 2014)
【摘要】We propose an overlapping generations New Keynesian model in which a permanent (or very persistent) slump is possible without any self-correcting force to full employment. The trigger for the slump is a deleveraging shock, which creates an oversupply of savings. Other forces that work in the same direction and can both create or exacerbate the problem include a drop in population growth, an increase in income inequality, and a fall in the relative price of investment. Our model sheds light on the long persistence of the Japanese crisis, the Great Depression, and the slow recovery out of the Great Recession. It also highlights several implications for policy.  
【主持】陳彥斌 教授


      人大宏觀經濟學研討會(Macro Workshop)旨在追蹤宏觀經濟學國際最新進展,倡導構建符合國情的動態優化模型,并使用計算機模擬研究經濟增長、收入分配和宏觀政策等中國宏觀經濟重大問題。
聯系人:劉哲希    Email:Macro_Workshop@163.com
資料下載:www.docin.com/mydoc-88265459-1.html






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