Declining growth model provides

A new model is developed in this paper which demonstrates a flexible method for modeling a cash flow stream with a declining growth rate that asymptotically approaches a mature long-term growth rate. This model can be applied when the initial growth rate in cash flows is temporarily larger than the required rate of return.

14p vimadrid2711 18-12-2019 14 2   Download

This paper is in line with a literature review of the ageing society, economic growth to provide a deeper understanding of whether ageing population diminishes or enhances economic growth. Firstly, the paper presents the causes of the negative effects of population ageing on economic growth. The paper reveals that lower fertility, longer life expectancy, low consumption and high public spending on health care lead to aggregate output growth decline in the long run.

13p vimariecurie2711 01-08-2019 19 2   Download

The feedback from oil prices to economic activity is captured by a reduced-form production function that allows us to separately specify shocks to the output gap (transitory shocks to output), shocks to potential output (permanent shocks to the level of output), and shocks to potential output growth (permanent shocks to the growth rate of output). The richness of this specification helps us to model the complicated interactions of oil price movements and GDP, where both trend and gap decline if oil prices increase.

45p loixinloi 08-05-2013 58 8   Download

Creating economic development is connected to increasing productivity and investments in areas such as education, nutrition and health. Population momentum joined with declining fertility rates provides a unique chance to spur economic development as the work force increases and the dependency burden of society decreases. However, this requires policies that create jobs for the growing work force.

56p thankinhphanliet 21-12-2012 53 1   Download