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Demographics, population ageing, neutral interest rates
trade, global value chains, volatility
demographics, ageing, natural interest rates, macroeconomic trends
Comparative advantage, Current account, Global imbalances, Services trade policy, Trade liberalisation
International trade, open-economy macroeconomics, Armington aggregator, elasticity of trade
International Trade, Open-economy Macroeconomics, Armington Aggregator, Elasticity of Trade
Structural change, equilibrium interest rates, investment
Fiscal consolidation, public wage bill, zero lower bound
Structural reforms, fiscal policy, law and economics
Cross-Border Transmission; Incomplete Asset Markets; Intermediate Goods Trade; Global Financial Markets; Supply Chain Linkages
Structural reform, fiscal policy, effective lower bound
Equilibrium interest rates, structural change, demographics
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fiscal consolidation, Public Wage Bill, zero lower bound