Prospects for Economic Growth in the United States

Inbunden, Engelska, 2021

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Beskrivning

Although economic growth has historically been an engine of prosperity in the United States, recent trends 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 chapters, 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.

Produktinformation

Utgivningsdatum:2021-11-04
Mått:158 x 235 x 25 mm
Vikt:700 g
Format:Inbunden
Språk:Engelska
Antal sidor:382
Förlag:Cambridge University Press
ISBN:9781108479684

Utforska kategorier

Nationalekonomi inom Ekonomi och Ledarskap
Makroekonomi inom Ekonomi och Ledarskap
Företagsekonomi inom Ekonomi och Ledarskap

Mer om författaren

John W. Diamond is the Director at the Center for Public Finance, and the Edward A. and Hermena Hancock Kelly Fellow in Public Finance at Rice University's Baker Institute. George R. Zodrow is the Allyn R. and Gladys M. Cline Professor of Economics and Economics Department Chair at Rice University, and Faculty Scholar at the Center for Public Finance at Rice University's Baker Institute.

Recensioner i media

'What are the prospects for economic growth, and what can government policies do to enhance them? In a wide-ranging study with contributions by an array of leading economists, Diamond and Zodrow provide a comprehensive peek into the future of the US economy, giving us insight into the nature of technological progress and the role that tax, regulatory, immigration, environmental, and education policies play in shaping and harnessing growth to generate broadly shared improvements in living standards.' Alan J. Auerbach, University of California, Berkeley

Innehållsförteckning

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.