Jesus Fernandez-Villaverde on Demographic Trends, Recent Macroeconomic Developments, and AI’s Implications for Economic Growth
Macro Musings with David Beckworth
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The Economic Consequences of Democrat Declined Paper
Japan has been on this path for a long time. I know many stories that one could tell why that is happening. Aging population, maybe they're more risk averse. They have safer assets in the portfolio or maybe they live longer so they save more. As you as the population age, this is also going to have first order political consequences. What are going to be those? Well, we can guess. We can make some conjectures, but this is going to have a very important thing.
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