Financial and Monetary Systems

Low interest rates and the contraceptive pill: Why they might be linked

An illustration picture shows blister-packs and a box of acne drug Diane-35, which is also used as a contraceptive, in a pharmacy in Andernos, Southwestern France, January 30, 2013. France's health regulator on Wednesday said it would suspend acne pill Diane 35 and its generic versions within three months because it carries a high risk of blood clots.  REUTERS/Regis Duvignau (FRANCE - Tags: HEALTH)

In the long run, this will lead to a decline of the steady state population growth from 1.5% to -0.5% per year. Image: REUTERS/Regis Duvignau

Jason Lu
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Financial and Monetary Systems

 The age structure of the population in the four largest economies
Image: VoxEU
 Savings and the life cycle
Image: VoxEU
 The evolution of the real interest rate after the introduction of the pill
Image: VoxEU
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Financial and Monetary SystemsEconomic Progress
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