Browsing LIF-SAFE Working Papers by Author "Abiry, Raphael"
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Secular Stagnation? Growth, Asset Returns and Welfare in the Next Decades: First Results Geppert, Christian; Ludwig, Alexander; Abiry, Raphael (2016-09-08)Ongoing demographic change will lead to a relative scarcity of raw labor to the effect that output growth will be decreasing in the next decades, a secular stagnation. As physical capital will be relatively abundant, this ...