id	author	title	date	pages	extension	mime	words	sentences	flesch	summary	cache	txt
work_dyath56t4ba6hdx7agrbniudka	Michalis Nikiforos	Demand, Distribution, Productivity, Structural Change, and (Secular?) Stagnation	2020	29	.pdf	application/pdf	8579	651	61	Demand, Distribution, Productivity, Structural Change, and (Secular?) Stagnation The present paper emphasizes the role of demand, income distribution, endogenous productivity change approach, the decrease in demand and the stagnation of wages can lead to an endogenous KEYWORDS: Stagnation; Demand; Distribution; Technical Change; Institutions Secular stagnation refers to the tendency of the real GDP growth rate in the United States and other Figure 1c shows that labor productivity's growth in the current recovery is also the slowest among to the period's low growth rates and the increase in defense expenditures to fund the wars in increase in inequality) lead to a decrease in the growth rate of the economy. A second factor that is responsible for the slowdown in productivity growth is the stagnation in the stagnation of output and productivity growth of the last decades. "Growth or Stagnation in the American Economy." The Review of Economics and 	./cache/work_dyath56t4ba6hdx7agrbniudka.pdf	./txt/work_dyath56t4ba6hdx7agrbniudka.txt