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Robin Brooks @RobinBrooksIIF · Oct 29, 2022
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Important new working paper by @GagnonMacro. The labor force participation rate among prime-age men in the US (pink) fell sharply after the Great Recession in 2008 and is almost as low as Italy (red). The big drop after 2008 says most of that decline is cyclical, not structural.

Article Oct 14, 2022
To keep unemployment low, central banks should plan to raise inflation target
by Joseph Gagnon
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