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Unemployment: Getting the Questions Right - and some of the answers

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NBER1988-09-01 更新2025-01-04 收录
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This paper analyzes the issue of persistent high unemployment. It focuses on two channels of persistence. The first is capital accumulation. The paper analyzes investment decisions under imperfect competition, focusing in particular on the effects of demand and cost shocks on investment, capital

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1988-09-01
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