Demographics will reverse three multi-decade global trends
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"Why So Low for So Long? A Long-Term View of Real Interest Rates,"
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- Claudio Borio & Piti Disyatat & Mikael Juselius & Phurichai Rungcharoenkitkul, 2018. "Why So Low for So Long? A Long-Term View of Real Interest Rates," PIER Discussion Papers 80, Puey Ungphakorn Institute for Economic Research.
- Borio, Claudio & Disyatat, Piti & Juselius, Mikael & Rungcharoenkitkul, Phurichai, 2017. "Why so low for so long? A long-term view of real interest rates," Bank of Finland Research Discussion Papers 36/2017, Bank of Finland.
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More about this item
Keywords
demography; global labor supply; ageing; real interest rates; inequality;All these keywords.
JEL classification:
- J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
- J18 - Labor and Demographic Economics - - Demographic Economics - - - Public Policy
- E43 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Interest Rates: Determination, Term Structure, and Effects
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
- H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
NEP fields
This paper has been announced in the following NEP Reports:- NEP-LAB-2017-08-27 (Labour Economics)
- NEP-MAC-2017-08-27 (Macroeconomics)
- NEP-SEA-2017-08-27 (South East Asia)
- NEP-TRA-2017-08-27 (Transition Economics)
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