Facing up to low productivity growth / Adam S.Posen and Jeromin Zettelmeyer, editors.

Format:

Book

Contributor:

Posen, Adam, editor.

Zettelmeyer, Jeromin, editor.

Language:

English

Subjects (All):

Industrial productivity.

Debts, Public--Econometric models.

Debts, Public.

Physical Description:

1 online resource (357 pages)

Edition:

1st ed.

Place of Publication:

Washington, DC : Peterson Institute for International Economics, 2019.

Summary:

This volume analyze the impact of sustained lower productivity growth on public finances, social protection, trade, capital flows, wages, and inequality. It concludes that slow productivity growth could aggravate inequality and increase concentration of market power and also proposes ways that countries can cope with these consequences.

Contents:

Implications of low productivity growth for debt sustainability / by Neil Mehrotra

Slow productivity growth will pressure sovereign debt sustainability / by Elena Duggar

Implications for tax policy of lower trend productivity growth / by Karen Dynan

The effects of low productivity growth on fiscal sustainability / y Louise Sheiner

The impact of a productivity slowdown on pension systems in Europe / by Axel Borsch-Supan

Productivity in emerging market economies: slowdown or stagnation? / by Jose De Gregorio

From micro to macro : firm heterogeneity and export competitiveness / by Filippo di Mauro and Gianmarco Ottaviano

Productivity and pay : is the link broken? / by Lawrence Summers and Anna Stansbury

Are slower productivity and higher inequality related? / by Jason Furman and Peter Orszag

Political economy of secular stagnation: why capital in the United States swipes right / by Daniel Drezner

Index.

Notes:

Includes index.

Description based on print version record.

Description based on publisher supplied metadata and other sources.

ISBN:

0-88132-732-8

OCLC:

1086057884