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This paper considers how increasing longevity and declining birth rates affect market entry and endogenous productivity growth in a two-country model of trade. In each country, the demographic transition to an older population induces a contraction in the labor force through a decline in the...
Persistent link: https://www.econbiz.de/10013241753
This paper considers how increasing longevity and declining birth rates affect market entry and endogenous productivity growth in a two-country model of trade. In each country, the demographic transition to an older population induces a contraction in the labor force through a decline in the...
Persistent link: https://www.econbiz.de/10012404477
Persistent link: https://www.econbiz.de/10013328205