Prospects for economic growth in the United States
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Bibliographic Information
Prospects for economic growth in the United States
Cambridge University Press, 2021
- : hardback
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Includes bibliographical references and index
Description and Table of Contents
Description
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.
Table of Contents
- 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.
by "Nielsen BookData"