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~accessRights:"free"
~isPartOf:"Kiel working paper"
~person:"Merkl, Christian"
~subject:"Arbeitsmarkt"
~subject:"Geldpolitik"
~type:"book"
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Labor selection, turnover costs and optimal monetary policy
Faia, Ester
;
Lechthaler, Wolfgang
;
Merkl, Christian
-
2012
-
This version September 2012
zero and the optimal
volatility
of inflation is an increasing function of firing costs. The optimal rule should react to …
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