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working schedules. This simple model can generate unemployment, even if wages adjust instantaneously, firms are perfectly … alternative explanation for why unskilled workers are a primary source of structural unemployment"--Federal Reserve Bank of St …
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Estimates of the natural rate of unemployment are important in many macroeconomic models used by economists and policy … cycles do not move in lockstep and greater dispersion among regions can affect estimates of the natural rate of unemployment … constant, the reduction in the dispersion of regional unemployment rates between 1982 and 2000 would have meant a two …
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working schedules. This simple model can generate unemployment, even if wages adjust instantaneously, firms are perfectly … alternative explanation for why unskilled workers are a primary source of structural unemployment. …
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April 16, 2012. "Hawks, Doves, Bubbles, and Inflation Targets" Presented at the George S. Eccles Distinguished Lecture, Jon M. Huntsman School of Business, Utah State University.
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