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Our growing leisure time is affecting economic growth
Our time, attention, and data are central in today’s economy. We spend ever more time glued to our screens, while businesses innovate tirelessly to attract ‘eyeballs.’ Clearly, the leisur...
Lukasz Rachel is a Senior Economist at the Bank of England and a PhD candidate at the London School of Economics.
Our time, attention, and data are central in today’s economy. We spend ever more time glued to our screens, while businesses innovate tirelessly to attract ‘eyeballs.’ Clearly, the leisur...
Long-term real interest rates are low (Bean 2015). In many advanced economies the rate on long-term government bonds is negative once adjusted for expected inflation. In emerging markets,...