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greater flexibility in wages, these two countries also exhibit more stable employment behavior over the business cycle. In …
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greater flexibility in wages, these two countries also exhibit more stable employment behavior over the business cycle. In …
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"In this paper we provide some evidence on when central banks have shifted from expansionary to contractionary monetary policy after a recession has ended-the exit strategy. We examine the relationship between the timing of changes in several instruments of monetary policy and the timing of...
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