Population age structure and secular stagnation : evidence from long run data
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LDR | 00000cab a2200000 4500 | ||
001 | MAP20230009840 | ||
003 | MAP | ||
005 | 20231214131713.0 | ||
008 | 230519|2023 esp|||p |0|||b|spa d | ||
040 | $aMAP$bspa$dMAP | ||
084 | $a921 | ||
100 | 1 | $0MAPA20230003978$aKopecky, Joseph | |
245 | 1 | 0 | $aPopulation age structure and secular stagnation$b: evidence from long run data$cJoseph Kopecky |
520 | $aIn this paper, I explore the relationship between population age structure and growth in: investment, consumption and output, in a long run panel of advanced economies. The evidence is largely consistent with proposed channels for secular stagnation. Investment growth, in its level and as a fraction of GDP, appears much stronger in young populations, while facing demographic headwinds in older economies. Consumption and output growth are positively associated with late career workers, with a negative relationship coming from both young and old dependents. Consistent with the recent secular stagnation literature, interest rate channels appear to have strong interactions with population age structure | ||
650 | 4 | $0MAPA20080594657$aAnálisis demográfico | |
650 | 4 | $0MAPA20080589172$aAspectos económicos | |
650 | 4 | $0MAPA20080600648$aCrecimiento económico | |
650 | 4 | $0MAPA20080625597$aEnvejecimiento de la población | |
773 | 0 | $wMAP20210010194$g01/02/2023 Volumen 24 - 2023 , 20 p.$tThe Journal of the economics of ageing $dOxford : Elsevier ScienceDirect, 2021- | |
856 | 0 | 0 | $yMÁS INFORMACIÓN$u mailto:centrodocumentacion@fundacionmapfre.org?subject=Consulta%20de%20una%20publicaci%C3%B3n%20&body=Necesito%20m%C3%A1s%20informaci%C3%B3n%20sobre%20este%20documento%3A%20%0A%0A%5Banote%20aqu%C3%AD%20el%20titulo%20completo%20del%20documento%20del%20que%20desea%20informaci%C3%B3n%20y%20nos%20pondremos%20en%20contacto%20con%20usted%5D%20%0A%0AGracias%20%0A |