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Having the high unemployment in Germany in mind, this book discusses how macroeconomic theory has evolved over the past …
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government is low unemployment. However, there is a short-run trade-off between low inflation and low unemployment. Here the main …
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Sebastian Dullien gives a novel explanation for unemployment and inflation in the Euro-Zone. He argues that … unemployment stems from a lack of co-operation between unions and monetary authorities: In an economy with endogenous money as EMU …
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