Maslow's needs theory proposes a hierarchy of needs and argues for their sequential
satisfaction. The theory has been very influential in development studies, in the …

This paper discusses the neoclassically-inspired Secular Stagnation Theory. Its 'demand-
side'explanation is based on a long-run equilibrium position featuring a negative natural rate …

In order to secure the sustainable rural development, Rural Settlement Renovation Program
(RSRP) is targeted an effective instrument under China'rural revitalization strategy …

We propose an indicator for detecting anomalous stock market valuation in real time such
that market participants receive timely signals so as to be able to take stabilizing action …

Purpose The aim of the study is to demonstrate evidence that societal ageing and poor
economic growth are linked in the advanced economies. It challenges the claim however …

The output gap, the difference between potential and actual output, has a direct impact on
policy decisions, eg, monetary policy. Estimating this gap and its further analysis remain the …

It is well known that higher economic growth benefits incumbents in elections. However, in
the last thirty years, US politics has been marked by substantial increases in political …

The output gap, the difference between potential and actual output, has a direct impact on
policy decisions, eg, monetary policy. Due to methodological problems, estimating this gap …

After the Global Financial Crisis of 2008, the long-run growth patterns in developed
economies have been under closer academic scrutiny because of dismal prospects of …

This thesis collects three papers on topics in public economics. In the first two chapters, I
consider the relationships between political and economic effects at the US state-level …