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...
Main Authors: | Restrepo, Pascual, Acemoglu, K. Daron |
---|---|
Other Authors: | Massachusetts Institute of Technology. Department of Economics |
Format: | Article |
Published: |
American Economic Association
2018
|
Online Access: | http://hdl.handle.net/1721.1/113580 https://orcid.org/0000-0003-0908-7491 |
Similar Items
-
Policy and politics in disjuncture in an age of secular stagnation
by: Ansell, B, et al.
Published: (2022) -
Demographics and Automation
by: Acemoglu, Daron, et al.
Published: (2022) -
Modeling Automation
by: Acemoglu, K. Daron, et al.
Published: (2020) -
Secular Stagnation
by: Biagio Bossone
Published: (2014-11-01) -
Low-Skill and High-Skill Automation
by: Acemoglu, K. Daron, et al.
Published: (2021)