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efficiency of investment as well as to declining fixed capital investment due to digitalization (secular stagnation). In contrast … permanently. Furthermore, we find no empirical evidence for the global savings glut and secular stagnation hypotheses. Instead … for the future (global savings glut). Low growth is linked to slowing population growth and a declining marginal …
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There are significant effects of changing demographics on economic indicators: growth in GDP especially, but also the current account balance and gross capital formation. The 15-24 age group appears to be one of the key age groups in these effects, with increases in that age group exerting...
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The aim of this paper is to analyze the cause and effect relationship between economic growth and savings in advanced … the existence of one-way casual relationship between gross domestic savings and gross domestic product in the case of … relationship between gross domestic product and gross domestic savings both in developed economies and developing and transition …
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