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-capita growth. The OLG model captures direct effects, working through adjustments in the savings rate, labor supply, and capital … politico-economic equilibrium. Growth is driven by capital accumulation and productivity increases fueled by public investment … to demographic ageing and per-capita growth to accelerate. If the retirement age were held constant, the growth rate in …
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This paper develops a multi-country post-Kaleckian demand-led growth model that incorporates the role of the government …
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