Goldilocks in developed economies: How long can it continue?

03/09/2018 19 min
Goldilocks in developed economies: How long can it continue?

Listen "Goldilocks in developed economies: How long can it continue?"

Episode Synopsis

Ten years after the financial crisis, unemployment has reached record lows in many global economies, which means we should have seen wage growth increase by now. But that hasn’t been the case. So, what’s the holdup? And what does this mean for the short- and long-term future of the economy?

In this episode of The Flip Side, Jeff Meli, Co-Head of Research, sits down with Ajay Rajadhyaksha, Head of Macro Research, to debate the reasons behind this wage stagnation anomaly.