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Background: Although unemployment rates are at historical lows, there is still a persistent gap between unemployment …. Conclusions: Lowering the disproportionate rate at which black men are incarcerated will not in itself eliminate the unemployment …
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, inflation and unemployment, we detect a wrong sign in the response of inflation to contractionary monetary policy shocks … significant unemployment inflation trade-off emerges. These conclusions are confirmed by using industrial production instead of … 1999-2019, when the Federal Funds Rate and the Euro-Dollar exchange rate are added to the VAR model inflation shows …
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long run Phillips curve recorded -0.75 in Sweden and -0.23 in the United States. While the average inflation rate in the … United States was very close to its targeted level, the average inflation rate in Sweden was 0.6 per- centage points below … its targeted level over the sample period. The deviation of inflation rate from its targeted level in Sweden resulted in …
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to re‑enter the labour market, resulting in further long‑term unemployment. Given these high costs for the unemployed and …
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