Arbeitspapier

Endogenous Growth: A Knife-Edge or the Razor's Edge?

According to much of the recent growth literature the dramatic worldwide fertility decline currently taking place should ultimately lead to global economic stagnation. This pessimistic prediction is not shared by the original innovation-based growth literature. However, this strand of literature has in recent year been criticized for resting on implausible knife-edge assumptions and for being inconsistent with available evidence. In this paper, we argue that this conclusion is unwarranted.

Language
Englisch

Bibliographic citation
Series: EPRU Working Paper Series ; No. 2002-02

Classification
Wirtschaft
Subject
Neue Wachstumstheorie

Event
Geistige Schöpfung
(who)
Dalgaard, Carl-Johan
Thustrup Kreiner, Claus
Event
Veröffentlichung
(who)
University of Copenhagen, Economic Policy Research Unit (EPRU)
(where)
Copenhagen
(when)
2002

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Dalgaard, Carl-Johan
  • Thustrup Kreiner, Claus
  • University of Copenhagen, Economic Policy Research Unit (EPRU)

Time of origin

  • 2002

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