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The Diffusion of Technological Progress in ICT
Elstner, Steffen; Grimme, Christian; Kecht, Valentin; … - 2021
productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative …
Persistent link: https://www.econbiz.de/10013314751
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Ageing and productivity growth: are there macro-level cohort effects of human capital?
Werding, Martin - 2008
demographics and the productivity of those who will still be active during the up-coming period of demographic ageing. As … productivity is difficult to investigate at a micro level, the paper builds on a large macro-data panel covering developed as well … output per worker as well as on total factor productivity (TFP). The results confirm earlier findings by Feyrer (2007 …
Persistent link: https://www.econbiz.de/10010264296
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Pandemics, places, and populations: evidence from the Black Death
Jedwab, Remi; Johnson, Noel D.; Koyama, Mark - 2019
The Black Death killed 40% of Europe’s population between 1347-1352, making it one of the largest shocks in the history of mankind. Despite its historical importance, little is known about its spatial effects and the effects of pandemics more generally. Using a novel dataset that provides...
Persistent link: https://www.econbiz.de/10012018215
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Secular Stagnation: Is Immigration Part of the Solution?
Alves, José; Morgado, Sandro - 2022
In our article we review the secular stagnation hypothesis, firstly postulated by Hansen (1939), to describe the current macroeconomic dynamics faced by developed economies. Based in the existing literature, we elaborate on a workable definition of secular stagnation founded on four pillars:...
Persistent link: https://www.econbiz.de/10013177595
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Population Aging and Economic Growth: From Demographic Dividend to Demographic Drag?
Kotschy, Rainer; Bloom, David E. - 2023
This paper examines the extent to which changes in working-age shares associated with population aging might slow economic growth in upcoming years. We first analyze the economic effects of changing working-age shares in a standard empirical growth model using country panel data from...
Persistent link: https://www.econbiz.de/10014377587
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Pandemics, Places, and Populations : Evidence from the Black Death
Jedwab, Remi - 2019
The Black Death killed 40% of Europe’s population between 1347-1352, making it one of the largest shocks in the history of mankind. Despite its historical importance, little is known about its spatial effects and the effects of pandemics more generally. Using a novel dataset that provides...
Persistent link: https://www.econbiz.de/10012891571
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Secular Stagnation : Is Immigration Part of the Solution?
Alves, José; Morgado, Sandro - 2022
In our article we review the secular stagnation hypothesis, firstly postulated by Hansen (1939), to describe the current macroeconomic dynamics faced by developed economies. Based in the existing literature, we elaborate on a workable definition of secular stagnation founded on four pillars:...
Persistent link: https://www.econbiz.de/10013305656
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Population Growth and Carbon Emissions
Casey, Gregory; Galor, Oded - 2016
We provide evidence that lower fertility can simultaneously increase income per capita and lower carbon emissions, eliminating a trade-off central to most policies aimed at slowing global climate change. We estimate the effect of lower fertility on carbon emissions accounting for the fact that...
Persistent link: https://www.econbiz.de/10011584922
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Longevity Shocks with Age-Dependent Productivity Growth
Heijdra, Ben J.; Reijnders, Laurie S. M. - 2015
productivity depends on their age through the build-up of labour market experience and the depreciation of human capital. We make … wisdom following an increase in longevity, depending on the corresponding change in the age-productivity profile. …
Persistent link: https://www.econbiz.de/10010531841
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Human capital accumulation and the macroeconomy in an ageing society
Heijdra, Ben J.; Reijnders, Laurie S. M. - 2012
How do population ageing shocks affect the long-run macroeconomic performance of an economy? To answer this question we build a general equilibrium overlapping generations model of a closed economy featuring endogenous factor prices. Finitely-lived individuals are endowed with perfect foresight...
Persistent link: https://www.econbiz.de/10010291543