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It is now a few years since the introduction of the common currency, and Europe is still experiencing high unemployment. The conventional logic attributes this problem to strong trade unions and other flaws in the labour market. This article takes a different approach. Using a game theoretic...
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. Nach diesem bekannten Neutralitätsergebnis führt ein höheres Geldmengenwachstum langfristig lediglich zu höherer Inflation …
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