Paul Krugman: Demography and Employment: “A blog post reporting research by Samuel Kapon and Joseph Tracy of the New York Fed is creating a splash…. The aging of the adult population would have meant a considerable [i.e., 1.5%-point] decline in the employment-population ratio over the past 7 years even if the economy had remained near … Continue reading Midnight Must-Read: Paul Krugman: No, the Decline in Employment/Population since 2007 Is Not Due to Demograph
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