Search Results
Showing results 1 to 1 of approximately 1.
(refine search)
Briefing
How Do Demographics Influence r*?
Demographic trends are evolving in the U.S. as well as globally, potentially affecting the behavior of interest rates. This includes the natural rate of interest, denoted r*. Through the lens of a simple model, we describe supply and demand channels through which these demographic trends may affect r* and show a range of estimates for the potential quantitative impact.