Prospects for Economic Growth in the United States (eBook, PDF)

Redaktion: Diamond, John W.

• Format: PDF

Produktbeschreibung

Although economic growth has historically been an engine of prosperity in the United States, recent trends in demographics, social insurance programs, technological progress, human capital, immigration, income inequality, and fiscal policy have generated uncertainty regarding the prospects for sustaining such growth. Economists disagree about the relative importance of many factors affecting future growth, including rapid technological advances, immigration, the growth of the financial sector, problems with the educational system, increasing income inequality, an aging population, and large fiscal imbalances that have not been addressed by the political system. This collection of articles, authored by many of today's leading economists, addresses the prospects for economic growth in the United States over the next few decades. During a time of great economic uncertainty, this book engages with both sides in the debate over economic growth, focusing on policy options that increase the prospects for vigorous economic growth in the future.

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Produktdetails

• Verlag: Cambridge University Press
• Erscheinungstermin: 28. Februar 2021
• Englisch
• ISBN-13: 9781108847674
• Artikelnr.: 66182763

Inhaltsangabe

Foreword by James A. Baker, III; Part I. Overview: 1. Introduction John W.
Diamond and George R. Zodrow; 2. The Future of Economic Growth in the
United States Martin Feldstein; Part II. Labor and Economic Growth: 3.
Human Capital and Long-Run Economic Growth Flavio Cunha; 4. Immigration and
Economic Growth George Borjas; Part III. Implications of Technology for
Growth: 5. The $64,000 Question: Living in the Age of Technogical
Possibility or Showing Possibility's Age? Glenn Hubbard; 6. Artificial
Intelligence Technologies and Aggregate Growth Prospects Timothy Bresnahan;
Part IV. The Effects of Fiscal Policy on Growth: 7. Taxes and Economic
Growth Robert Barro; 8. Carbon Taxes: Output and Distributional Effects
John W. Diamond and George R. Zodrow; Part V. Special Topics on Economic
Growth: 8. Banking on Prosperity Ross Levine; 9. Economic Growth and Income
Inequality: Insights from the Representative Consumer Theory of
Distribution Stephen Turnovsky; Part VI. Conclusion: 10. A Perspective on
the Prospects for Economic Growth in the United States John W. Diamond and
George R. Zodrow.