This Economic Letter explores the impacts of predicted changes in temperature on productivity and economic growth. Using a large data set covering 155 countries, we find evidence that an increase in ...

However, the CBO provides a less optimistic view, projecting long-run real GDP growth of 1.5% and a long-run real interest rate on debt of 2.0% (CBO 2023); the latter is based on a projected nominal ...

Broadly, a percentage point increase in interest rates could reduce economic output by 1% up to nine years later, the authors say. Since the Fed has raised its key interest rate by 5.25 percentage ...

PWB ETF offers exposure to approximately 50 leading large-cap growth stocks amid macro challenges. Read more on risks, the ...

Philippon’s paper is not concerned with economic growth per se, but with a variable that is central to explaining long-run growth: total factor productivity, or TFP. Defining or getting a handle ...

With a savings rate of 8% (roughly that of the American economy) and GDP growth of 2%, wealth should rise to 400% of annual output, for example, while a drop in long-run growth to 1% would push up ...

A corporate tax rate of 28 percent will reduce long-run GDP by about 0.96 percent, or about $1,650 per American household. The higher tax rate harms both shareholders and workers.

So, for all countries, they find that a 10% increase in the market cap ratio leads to a 0.028% increase in long-run economic growth, while for high-income countries alone, it leads to a 0.045% ...

Agency says U.S. GDP growth will average 1.6% over next 30 years, vs. 1.9% projected in 2019. Skip to Main Content. ... CBO Downgrades Long-Term Projections of Economic Growth.

Spanish economic growth in the long run: What historical national accounts show. ... (Engerman 1997, Nordhaus and Tobin 1972). This is not a new claim. Economists have long viewed GDP as a crude ...

Our fair value estimate for The Lottery Corp is AUD 5 per share. This implies a fiscal 2025 enterprise value/EBITDA of 16, a P/E ratio of 30, and fully franked fiscal 2025 dividend yield of 3%.