Titlebook: Demand, Complexity, and Long-Run Economic Evolution; Andreas Chai,Chad M. Baum Book 2019 Springer Nature Switzerland AG 2019 Evolution of

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The Mortgage Treadmill Versus Discretionary Spending and Enforced Leisureeater discretionary spending opportunities to some consumers, but nervous consumers may not be willing to spend more and environmental concerns may pose limits for discretionary purchases. The robotic revolution will have profound distributional consequences that will, if not addressed, enhance potential for instability.

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Innovation, Structural Change and Multisectoral Economic Growthctors, income growth, and distinct . underlying .. Thereby, we obtain a representation of economic growth as a long-run property which emerges from complex interactions between sectoral innovation, and certain (often-overlooked) demand-side fundamentals.