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
(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