Secular Stagnation? The Effect of Aging on Economic Growth in the Age of Automation
Several recent theories emphasize the negative effects of an aging population on economic growth, either because of the lower labor force participation and productivity of older workers or because aging will create an excess of savings over desired investment, leading to secular stagnation. We show...
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| Format: | Article |
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American Economic Association
2018
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| Online Access: | http://hdl.handle.net/1721.1/113580 https://orcid.org/0000-0003-0908-7491 |