High Unemployment in Europe: Diagnosis and Policy Implications
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Econometric evidence suggests that the non-accelerating inflation rate of unemployment (the NAIRU) has risen sharply in Europe in the past fifteen years. In the first section of this paper, I review the recent proliferation of supply-side models that say interesting things about why the NAIRU
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美国国家经济研究局创建时间：
1986-02-01
