Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/191177 
Year of Publication: 
2016
Citation: 
[Journal:] Intereconomics [ISSN:] 1613-964X [Volume:] 51 [Issue:] 6 [Publisher:] Springer [Place:] Heidelberg [Year:] 2016 [Pages:] 305-311
Publisher: 
Springer, Heidelberg
Abstract: 
With a long-term projection of TFP growth of 0.2 per cent, a gradual decline in the work-age population and a static average workweek, we project a "baseline" average real GDP growth rate in the euro area of just 0.6 per cent over the next decade — even if the unemployment rate and investment share of GDP return to their pre-crisis levels by 2020.
Persistent Identifier of the first edition: 
Document Type: 
Article

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