When Will the Jobs Come Back?
We find the labor force participation rate continues to decline well after the end of a recession, which supports the notion of running a high-pressure economy.
We find the labor force participation rate continues to decline well after the end of a recession, which supports the notion of running a high-pressure economy.
Increases in government debt and central bank liquidity have heightened inflation concerns, yet our research finds little evidence to support such fears.
This paper assesses the medium-term prospects and challenges for 25 major emerging markets, which includes COVID-19, and several other sets of factors.
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