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volatility of output, inflation and unemployment. These results stand in contrast to theories attributing to excessive regulation … for the rise and persistence of European unemployment. In addition, they suggest that labour market frictions are at most …
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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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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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