This paper formalizes and quantifies the secular stagnation hypothesis, defined as a persistently low or negative …

This paper formalizes and quantifies the secular stagnation hypothesis, defined as a persistently low or negative …

This paper replicates the study "A Model of Secular Stagnation: Theory and Quantitative Evaluation" by Eggertsson et al …. (2019) using the Dynare toolkit. Replication is important as it confirms the results of the original article, provides a … user-friendly version using Dynare (Adjemian et al., 2022), and shows how to deal with large-scale models with occasionally …