CEPR-创新驱动型欧洲经济的宏观经济政策(英)-2026.9
聚焦CEPR-创新驱动型欧洲经济的宏观经济政策(英)-2026.9。However, the zero lower bound is less likely to bind when productivity grows fast. In fact, robust productivity growth – as long as its gains are shared among broad segments of the population – fosters households’ expectations of high future income, inducing them to increase their spending in the present.