Jobless Recoveries During Financial Crises: Is Inflation the Way Out?
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This paper discusses three policy tools to mitigate jobless recoveries during financial crises: inflation, real currency depreciation, and credit-recovery policies. Using a sample of financial crises in Emerging Market economies, we document that large inflationary spikes appear to help unemployment
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美国国家经济研究局创建时间：
2013-11-01
