Is Slow Productivity and Output Growth in Advanced Economies the New Normal?
Advanced economies have seen a notable slowdown in potential growth in the past decade or so. Demographics look much less favorable to output growth than in the past, and productivity growth has been only modest. The demographic and productivity factors driving this slowdown in potential growth look...
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| Format: | Article |
| Language: | English |
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Centre for the Study of Living Standards
2018-09-01
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| Series: | International Productivity Monitor |
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| Online Access: | http://www.csls.ca/ipm/35/Fernald.pdf |