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Pandit-NO1 Kala Ilam Expert Specialist In UK & Qatar Kala Ilam Expert Specialist In USA Kala Ilam Expert Specialist In UAE Pandit-NO1 Kala Ilam Expert Specialist In UK & Qatar Kala Ilam Expert Specialist In USA Kala Ilam Expert Specialist In UAE Pandit-NO1 Kala Ilam Expert Specialist In UK & Qatar Kala Ilam Expert Specialist In USA Kala Ilam Expert Specialist In UAE

We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.

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Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately. Telegram: @Pi_vendor_247

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