Money Largely Accounts for Increased Unemployment during Stagflation, Shows a Recent Study
Is there a relation between money, measured by inflation or interest rates, and unemployment? According to Aleksander Berensten, Guido Menzio and Randall Wright -- co-authors of a recent paper on “Inflation and Unemployment in the Long Run” -- there is a strong positive relation. Wright, who is prof...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2008
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| Online Access: | https://ink.library.smu.edu.sg/ksmu/65 https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1064&context=ksmu |
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| Institution: | Singapore Management University |
| Language: | English |