by Summary:
One of the findings of the dynamic information equilibrium approach (see also my latest paper) is that nominal output ("GDP") has essentially the same structure as the size of the labor force. The major shocks to the path of NGDP roughly correspond to the major shocks to the Civilian Labor Force (CLF). Both are shown as vertical lines. The first is the demographic shock of women entering the workforce.... With the positive shock of women entering the labor force ending, immigration is a major (and perhaps only) source of growth in the US aside from asset bubbles [3]. Information Transfer EconomicsImmigration is a major source of growthJason Smith
Topics:
Mike Norman considers the following as important: immigration, information transfer economics, labor force, US economy
This could be interesting, too:
One of the findings of the dynamic information equilibrium approach (see also my latest paper) is that nominal output ("GDP") has essentially the same structure as the size of the labor force. The major shocks to the path of NGDP roughly correspond to the major shocks to the Civilian Labor Force (CLF). Both are shown as vertical lines. The first is the demographic shock of women entering the workforce.... With the positive shock of women entering the labor force ending, immigration is a major (and perhaps only) source of growth in the US aside from asset bubbles [3]. Information Transfer EconomicsImmigration is a major source of growthJason Smith
Topics:
Mike Norman considers the following as important: immigration, information transfer economics, labor force, US economy
This could be interesting, too:
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One of the findings of the dynamic information equilibrium approach (see also my latest paper) is that nominal output ("GDP") has essentially the same structure as the size of the labor force.
The major shocks to the path of NGDP roughly correspond to the major shocks to the Civilian Labor Force (CLF). Both are shown as vertical lines. The first is the demographic shock of women entering the workforce....
With the positive shock of women entering the labor force ending, immigration is a major (and perhaps only) source of growth in the US aside from asset bubbles [3].Information Transfer Economics
Immigration is a major source of growth
Jason Smith