An Evaluation of the Inflationary Pressure Associated with Short- and Long-term Unemployment
beSpacific 2014-04-21
Summary:
An Evaluation of the Inflationary Pressure Associated with Short- and Long-term Unemployment. Michael T. Kiley. April 16, 2014. “In the years following 2009, long-term unemployment has been very elevated while inflation has fallen only moderately, raising the question of whether the long-term unemployed exert less downward pressure on prices than the short-term unemployed, perhaps because such potential workers are […]
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