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This report discusses the role of the European Union's full employment objective in the conduct of the ECB’s monetary … policy. It first reviews a range of indicators of full employment, highlights the heterogeneity of labour market outcomes … determined by national economic policies. The report then recalls that, in many circumstances, inflation and employment move …
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Almost all institutions - employment protection legislation, unions, wages, wage structure, unemployment insurance, etc …
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firms that borrowed more increased employment and fixed capital investment, albeit to a lesser degree than before the APP …
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