Dear all, we kindly invite you to our next ECON Theory and Policy Seminar talk on Monday, January 15, 2024 from 4:00-5:30 pm (Seminarroom DB04 yellow, Freihaus Buidling, yellow area, 4th floor) Demography and Globalization - A Long-Run Perspective Uwe Sunde (LMU)<https://www.popecon.econ.uni-muenchen.de/personen/professoren/sunde/index.html> https://www.popecon.econ.uni-muenchen.de/personen/professoren/sunde/index.ht... (joint with Gerrit Meyerheim and Thomas Überfuhr) This paper investigates the interplay between demographic development and trade. We first present novel evidence from the estimation of extended gravity equations that document that international trade volumes are affected by differences in demographic development. To rationalize this finding, we develop a canonical model of long-run growth that shows how demographic differences affect the scope trade along the development path and that makes several novel predictions that are consistent with evidence. The model also shows that trade, while entailing positive short-run effects, can lead to divergence and a slow-down in the dynamics of demographic and economic development. Further Events: https://www.tuwien.at/en/mg/econ/events Best, Julia Hutter for Alexia Fuernkranz-Prskawetz Julia Hutter TU Wien Institute of Statistics and Mathematical Methods in Economics Research Group Economics Phone: +43 1 58801 10531 Mail: julia.hutter@tuwien.ac.at<mailto:julia.hutter@tuwien.ac.at> https://econ.tuwien.ac.at/