Aging, Secular Stagnation and the Business Cycle
March 23, 2018
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Format: Chicago
Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
Summary
Subject: Aging, Demographic change, Financial services, Labor, Population and demographics, Real interest rates, Zero lower bound
Keywords: Adjustment cost, Age-productivity curve, Age-productivity profile, Aging, Business cycle, Demographic change, Demographics, Forward Guidance, Great Recession, Growth rate, Lower bound, Marginal utility, Monetary policy, Monetary policy shock, Productivity adjustment, Real interest rate, Real interest rates, Utility function, WP, Zero Lower Bound, ZLB constraint, ZLB duration, ZLB regime
Publication Details
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Pages:
45
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Volume:
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DOI:
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Issue:
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Series:
Working Paper No. 2018/067
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Stock No:
WPIEA2018067
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ISBN:
9781484345405
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ISSN:
1018-5941
