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Global Demographic Trends Shape Policy Environment
"Demographics are key determinants of what is economically feasible at both the global and national levels. Demographics also have important implications for monetary policy. Slower population and labor force growth in the coming decades will have a depressing effect on real interest rates."

 

 

Global Real Interest Rates Rise with Labor Force Growth

 

 

 

 

Link to the original pdf paper

 

 

Economic Letter, Federal Reserve Bank of Dallas, July 2016-Mark A. Wynne

28.03.2017