Goodhart and Pradhan: demographics will reverse ‘multi-decade’ trends

Charles Goodhart
Charles Goodhart

Demographics can explain three major economic trends, and may also lead to their reversal in the years ahead, according to work by economists Charles Goodhart and Manoj Pradhan.

The pair argue much recent research on demographics has failed to be fully global in scope, suggesting that by incorporating the full global labour market, and studying trends in real interest rates, inequality and inflation together, they can shed new light on important economic questions.

The demographic “sweet spot”

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