Fernández-Villaverde, Jesús; Ventura, Gustavo; Yao, Wen - National Bureau of Economic Research - 2023
Due to population aging, GDP growth per capita and GDP growth per working-age adult have become quite different among … many advanced economies over the last several decades. Countries whose GDP growth per capita performance has been … lackluster, like Japan, have done surprisingly well in terms of GDP growth per working-age adult. Indeed, from 1998 to 2019 …