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WORKING PAPERS
April 23, 2024
This paper explores the potential implications of a declining absolute labor force on economic outcomes. It explores key macroeconomic variables during periods of negative and positive prime age (15-65) population growth (PAPG). These variables include 10-year bond yields, consumer price indices, fe...
Blog Post
April 23, 2024
The ongoing global demographic transition is massive in scale and likely impact. For most of the past 200 years, the vast majority of the world’s countries have seen population growth, particularly working-age population growth. As they’ve gone through the "demographic transition" toward lower birth...
Blog Post
January 24, 2023
For all of the horrors that have punctuated the last two hundred years of human history, we have seen some awesomely unprecedented progress in global quality of life. The world has many more people, living much longer and healthier, in massively improved material circumstances than it did two hundre...
Blog Post
November 04, 2022
The UK currently has a shortage of nearly 47,000 nurses in the NHS; a Global Skill Partnership could help solve NHS staff shortages. The UK will gain much-needed skilled nurses at a cheaper cost than if they had been trained in the US, while the sending country benefits from nurse training that cove...
WORKING PAPERS
October 27, 2022
There is considerable interest in increasing private participation in infrastructure to meet the twin goals of climate mitigation and development in low- and middle-income countries. At the same time, this infrastructure needs to make returns in order to be financially sustainable.
Blog Post
October 27, 2022
The kind of investment sustainability that’s getting the most love at the moment is environmental sustainability: we want our buildings, machines, and infrastructure to be low carbon (as we should). But financial sustainability still matters, too: if they are to be a success, solar power plants and ...
Blog Post
May 15, 2018
The world’s poorest people have been getting richer recently. But they remain incredibly poor. The 10 percent of the world’s population still consuming $1.90 or less a day are subsisting on a small fraction of the resources available to people at the US poverty line. So you’d hope ...