Write a literature review discussing the possibility of the euro area facing a condition of secular stagnation.

Write a literature review discussing the possibility of the euro area facing a condition of secular stagnation. Define the term secular stagnation as presented by Eggertsson, Mehrotra and Robbins (2019). Present the factors that contribute to secular stagnation. Conclude whether the above factors have realised in the euro area and whether it could be argued that the euro area is in fact facing secular stagnation. Make use of figures where appropriate. Main sources:Eggertsson, G. B., & Mehrotra, N. R. (2014). A model of secular stagnation (No. w20574).National Bureau of Economic Research.Eggertsson, G. B., Mehrotra, N. R., & Robbins, J. A. (2019). A model of secular stagnation: Theory and quantitative evaluation. American Economic Journal: Macroeconomics, 11(1),