Nobuhiro Kiyotaki – Intangibles, Inequality, and Stagnation

Everyone is invited for this in-person event in 32 Lincoln’s Inn Fields L.104, which will be followed with time for informal conversations and snacks.

Professor Kiyotaki will discuss whether slower productivity growth and the lack of youth labour market participation are entwined with the accumulation of intangible capital on the job. He will examine this in the context of Japan and Europe in the 1990s and argue that a slowdown in on-the-job training delivery was contributed to Japan’s economic slump.