Media contributions
1Media contributions
Title Europe’s banking problem through the lens of secular stagnation Media name/outlet VoxEU Country/Territory Netherlands Date 28/03/14 Description While many economists argue that demand stimulus is needed, this column argues that supply side measures are necessary to avoid secular stagnation. In the Eurozone, it is necessary to clean up and strengthen the balance sheets of banks, which can kick-start the flow of new lending. The comprehensive assessment by the ECB is an important step in this direction. URL https://cepr.org/voxeu/columns/europes-banking-problem-through-lens-secular-stagnation Persons Jan Willem van den End, Jakob de Haan