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Global demographic trends shape policy environment

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  • Mark A. Wynne

Abstract

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.

Suggested Citation

  • Mark A. Wynne, 2016. "Global demographic trends shape policy environment," Economic Letter, Federal Reserve Bank of Dallas, vol. 11(7), pages 1-4, July.
  • Handle: RePEc:fip:feddel:00034
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