The Active Role of the Natural Rate of Unemployment
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下载链接：
https://www.nber.org/papers/w31848
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资源简介：
We propose that the natural rate of unemployment may have an active role in the business cycle, in contrast to a widespread view that the rate is fairly smooth and at most only weakly cyclical. We demonstrate that the tendency to treat the natural rate as near-constant would explain the surprisingly
提供机构：
美国国家经济研究局
创建时间：
2023-11-01
