Ochsner, Christian; Other, Lars; Thiel, Esther; Zuber, … - 2024
We study the long-run interaction between Germany’s economic growth trajectory and demographic aging. Using a … comprehensive dataset, we leverage the classical production function approach to estimate potential output growth between 1970 and …’s potential output growth up to 2070 will be low if current economic trends persist. In particular, the diminishing labor volume …