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savings and investment. Jointly with meagre productivity growth, this implies a low natural rate of interest that conditions …
Persistent link: https://www.econbiz.de/10012033383
Persistent link: https://www.econbiz.de/10012312109
The effect of changes in demographic structure on medium-run trends of key macroeconomic variables is estimated using a Panel VAR of 21 OECD economies. The panel data variability assists the identification of direct effects of demographics, while the dynamic structure uncovers long-term effects....
Persistent link: https://www.econbiz.de/10011457979
The effect of changes in demographic structure on medium-run trends of key macroeconomic variables is estimated using a panel VAR of 21 OECD economies. The panel data variability assists the identification of direct effects of demographics, while the dynamic structure uncovers long-term effects....
Persistent link: https://www.econbiz.de/10013014371
growth for the transitional dynamics. We find that i) higher survival induces economic growth through higher savings and …
Persistent link: https://www.econbiz.de/10012430654
The effect of changes in demographic structure on medium-run trends of key macroeconomic variables is estimated using a Panel VAR of 21 OECD economies. The panel data variability assists the identification of direct effects of demographics, while the dynamic structure uncovers long-term effects....
Persistent link: https://www.econbiz.de/10013315503
Persistent link: https://www.econbiz.de/10010473689
The demographic change influences the composition of the labor force in terms of a decreasing number of the workforce, its age structure, the quantitative relationship between men and women such as the proportion between people with migration background and native citizens. The new diversity of...
Persistent link: https://www.econbiz.de/10011297765
We sketch a visionary strategy for Europe in which full employment is quickly regained by 2020, income inequality is reduced and the economies are more sustainable. We call this scenario "vibrant". It is contrasted with what would happen if present policies continue within the European Union...
Persistent link: https://www.econbiz.de/10011409587
We sketch a visionary strategy for Europe in which full employment is quickly regained by 2020, income inequality is reduced and the economies are more sustainable. We call this scenario "vibrant". It is contrasted with what would happen if present policies continue within the European Union...
Persistent link: https://www.econbiz.de/10010533168