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I offer both a moral and a macroeconomic case for institutionalizing continuous public operations in labor markets analogous to continuous Fed operations in money markets. The macroeconomic case stems from prevailing wage and salary rates' status as what I call ‘systemically important prices'...
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Herausgefordert ist die Wirtschaftspolitik von der hohen Arbeitslosigkeit. Es geht darum, den Trend steigender …
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