Stagnation Theories: Concluding Remarks
Christina Anselmann ()
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Christina Anselmann: University of Hohenheim
Chapter Chapter 5 in Secular Stagnation Theories, 2020, pp 145-149 from Springer
Abstract:
Abstract Providing an interim conclusion, this chapter stresses that demand- and supply-side stagnation theories are not necessarily mutually exclusive, but may complement each other. Moreover, it is emphasized that most stagnation hypotheses that emerged during the two major waves of secular stagnation theories in the mid-twentieth century and after the financial crisis of 2008–2009 refer to time periods of high and/or rising income inequality. The chapter thus paves the way for the following chapters, which focus on the impact of changes in income disparities on possible secular stagnation tendencies.
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spshcp:978-3-030-41087-2_5
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DOI: 10.1007/978-3-030-41087-2_5
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