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Secular Stagnation, Growth, and Real Interest Rates

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Correspondence to Pierre-Olivier Gourinchas.

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* Pierre-Olivier Gourinchas is the Editor-in-chief of the IMF Economic Review and a Professor of Economics at UC Berkeley. Richard Portes is Professor of Economics at the London Business School, holder of the Tommaso Padoa-Schioppa chair at the European University Institute and Founder and Honorary President of the CEPR. Pau Rabanal is the Co-Editor of the Review and Senior Economist in the Research Department of the IMF. The organizers would like to thank the European University Institute for its support and hospitality. The views expressed in this issue are those of the authors and do not necessarily represent those of the IMF or IMF policy.

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Gourinchas, PO., Portes, R. & Rabanal, P. Secular Stagnation, Growth, and Real Interest Rates. IMF Econ Rev 64, 575–580 (2016).

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