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~institution:"National Bureau of Economic Research"
~person:"Calvo, Guillermo A."
~subject:"EU countries"
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Calvo, Guillermo A.
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Labor Market, Financial Crises and Inflation : Jobless and Wageless Recoveries
Calvo, Guillermo A.
-
2012
-market recovery from financial crises is characterized by either higher
unemployment
("jobless recovery") or a lower real wage …
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