Over Accumulation or Investment Gap?
Abstract The fact that long-term interest rates are below the GDP growth rates in economies like Switzerland, Germany and the USA is often diagnosed as over-accumulation, which can be cured by an increase in debt-financed government consumption. However, this fiscal remedy assumes that the marginal...
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| Main Authors: | , |
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| Format: | Article |
| Language: | deu |
| Published: |
Sciendo
2021-12-01
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| Series: | Wirtschaftsdienst |
| Online Access: | https://doi.org/10.1007/s10273-021-3073-4 |
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