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Unemployment Fluctuations and Stabilization Policies : A New Keynesian Perspective

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cover -- Contents -- Series Foreword -- Preface -- Introduction -- A Simple Model of Unemployment and Inflation Dynamics -- Unemployment, the Output Gap, and the Welfare Costs of Economic Fluctuations -- Unemployment and Monetary Policy Design in the New Keynesian Model -- Concluding Remarks and...

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Markups, gaps and the welfare costs of business fluctuations

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