Chief Economist @IIF, former Chief FX Strategist @GoldmanSachs & Senior Economist @IMFnews. Opinions are my own. Email: rbrooks@iif.com.
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Robin Brooks @RobinBrooksIIF
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Oct 29, 2022
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.
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Oct 14, 2022