C.  Increasing job opportunities  In order to both increase the labor participation rate of women and draw on the labor of the elderly, it is necessary to significantly expand the number of available jobs. Various opinions have been expressed on how to deal with the current decrease in the workforce caused by population aging with fewer children.
At the very minimum, one cannot reach this conclusion with a great deal of confidence. The distortions in the markets I have reviewed do not appear all that large, given the stance of monetary policy, and should we experience much higher interest rates and softer asset prices our resilient markets and flexible economy probably could absorb such a shock.