There seems to have been that psychological response to the pandemic. But yet we've had some kind of a labor force effect, bigger in some countries than others. The backdrop is also different demographically. We've got a shock that affects mostly the old. It's not like so relative to the background trend, this may may have smaller effects.
In this podcast, economist Alan Taylor covers how history can provide a lens into trends in globalization and wealth and the long-term impact of pandemics.
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