| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP11569 |
| DP11569 Demographic Dynamics and Long-Run Development: Insights for the Secular Stagnation Debate | |
| Uwe Sunde; Matteo Cervellati; Klaus F. Zimmermann | |
| 发表日期 | 2016-10-10 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | This paper takes a global, long-run perspective on the recent debate about secular stagnation, which has so far mainly focused on the short term. The analysis is motivated by observing the interplay between the economic and demographic transition that has occurred in the developed world over the past 150 years. To the extent that high growth rates in the past have partly been the consequence of singular changes during the economic and demographic transition, growth is likely to become more moderate once the transition is completed. At the same time, a similar transition is on its way in most developing countries, with profound consequences for the development prospects in these countries, but also for global comparative development. The evidence presented here suggests that long-run development dynamics have potentially important implications for the prospects of human and physical capital accumulation, the evolution of productivity and the question of secular stagnation. |
| 主题 | Macroeconomics and Growth |
| 关键词 | Secular stagnation Long-term development Income growth Demographic transition |
| URL | https://cepr.org/publications/dp11569 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/540383 |
| 推荐引用方式 GB/T 7714 | Uwe Sunde,Matteo Cervellati,Klaus F. Zimmermann. DP11569 Demographic Dynamics and Long-Run Development: Insights for the Secular Stagnation Debate. 2016. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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