关键字：

【ECON20151212】

宏观经济学研讨会

（总第185期）

    【时间】2015年9月23日（周三）12：15－13：45

    【地点】明商0502教室

    【主讲】刘哲希 中国人民大学经济学院

    【主题】

    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】陈彦斌 教授

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    人大宏观经济学研讨会（Macro Workshop）旨在追踪宏观经济学国际最新进展，倡导构建符合国情的动态优化模型，并使用计算机模拟研究经济增长、收入分配和宏观政策等中国宏观经济重大问题。

    联系人：刘哲希    Email：Macro_Workshop@163.com

    资料下载：www.docin.com/mydoc-88265459-1.html

中国经济改革与发展研究院

经济学院