Sluggish postcrisis growth: policies, secular stagnation, and outlook by Otaviano Canuto, Raj Nallari and Breda Griffith published by World Bank, indicated by Alvaro Manoel (4/2014). “In the aftermath of the recent global financial crisis, advanced economies have continued to experience sluggish growth. Is this slow postcrisis growth the result of a policy response that was overly reliant on monetary policy, which ran into the zero intrest rate lower bound before growth was restored?…”
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