“…I argue that secular-right governments have facilitated income polarization by undermining centralized wage-bargaining and social-insurance benefit generosity. …”

“…It explores trends in automation and points to sluggish job creation caused partly by increasing automation, and argues that secular stagnation in the digital age can only be avoided by a shift towards inclusive growth. …”

“…We show that there has been a secular increase in the 90-50 wage differential in the US and the UK since the late 1970s. …”

“…We find that there is a secular trend towards increased synchronization for much of the twentieth century and that it occurs across diverse exchange rate regimes. …”

“…The Political Economy of Structural Reforms in Europe brings together theoretical and empirical studies that address the potential role of structural reforms in restoring macroeconomic stability, resuming economic growth, addressing income inequality, and grappling secular stagnation. It throws new light on the determinants and effects of structural reforms and on how these shape the European integration experience…”

“…In this paper I develop an OLG model, one earlier used by Eggertsson and Mehrotra (2014) to rationalize the "secular stagnation hypothesis", to show how high debt, and low population and productivity growth may condition the macroeconomic performance of some European countries over the medium and long-run."…”

“…The aggregate German economy is characterized by a secular decline of manufacturing and a rise of modern service industries. …”

“…Growth is giving way to secular stagnation; inequality is leading to instability; and confidence in the capitalist money economy has all but evaporated. …”

“…At the same time, ageing and other secular trends raise long-term sustainability issues. …”

“…We decompose changes in outcomes into a secular trend and a business cycle component. We find significantly larger unemployment responses to economic shocks for low-skilled workers relative to high-skilled workers and for immigrants relative to natives within the same skill group. …”

“…Second, the paper links the liberalization of industrial relations to "secular stagnation" – i.e., to the growing difficulty that all advanced economies have in generating adequate levels of aggregate demand. …”

“…Finally, I perform a set of counterfactual analyzes in which the reallocation of labor across sectors is constrained endogenously. I find that the secular shift of labor towards the service sector was volatility-reducing in OECD countries during 1970–2006."…”

“…"The global financial crisis and the ensuing Great Recession raised concerns about adjustment fatigue, deflation, currency wars, and secular stagnation that presented a sense of déjà vu: similar concerns had arisen at the time of the Great Depression and at the end of World War II. …”

“…Beginning with the 1960s the secular process of catching-up set in. Most extra-European cultures started also industrialisation and increased their income. …”

“…Some fear that Europe could embark into a decade of "secular stagnation" like Japan in the recent past. …”

“…Yet despite this heterogeneity, most European countries suffered a prolonged period of economic slowdown which raised concerns about the risk of a secular stagnation in Europe. This book focuses on labour productivity in Europe, one of the main drivers of growth and prosperity. …”

“…Even in the United States, where the welfare state is far more developed, secular NGOs and faith-based organizations are critical components of social safety nets. …”