Summary and Outstanding Issues

Edmund Phelps, Hian Hoon and Gylfi Zoega ()
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Gylfi Zoega: University of Iceland

Chapter 10 in The Great Economic Slowdown, 2023, pp 135-136 from Springer

Abstract: Abstract In this book we have described how the slowdown of productivity growth, starting in the early 1980s, has contributed to a falling equilibrium real rate of interest, a booming stock market, slowing wage growth and a rising share of profits in national income.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-31441-4_10

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DOI: 10.1007/978-3-031-31441-4_10

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