The Great Economic Slowdown

Höfundar: Edmund Phelps; Hian Teck Hoon; Gylfi Zoega (Útgáfa: 0)
The Great Economic Slowdown

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This book charts the fall of productivity growth and the rise of inequality within global economies and societies. Set out through a series of economic models, the impact of falling rates of productivity growth, particularly in the USA, are examined in relation to lowering interest rates, the lifting of the stock market, and an increasingly unequal distribution of wealth. The economic impact of COVID-19, including the increased tendency to work from home and renewed public debt pressures, are contextualised within broader issues of wage suppression and discontent within the labor force to highlight how average workers have been left behind.

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Útgefandi
Springer Nature
ISBN
9783031314414
Print ISBN
9783031314407
Format
ePub
Útgáfa
0
Höfundar
Edmund Phelps; Hian Teck Hoon; Gylfi Zoega
Tungumál
English
Útgefið
2023-08-31
Prent takmörkun á líftíma
100
Prent takmörkun
2
Afritunar takmörkun
2

Kaflar

  • Cover
  • Front Matter
  • 1. Innovation
  • 2. The Slowdown and Real Interest Rates
  • 3. The Slowdown and Asset Prices
  • 4. The Slowdown and the Share of Profits
  • 5. The Slowdown in the Data
  • 6. Losing Ground
  • 7. The Pandemic and its Aftermath
  • 8. Growth to the Rescue
  • 9. Economic Policies
  • 10. Summary and Outstanding Issues
  • Back Matter