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~institution:"National Bureau of Economic Research"
~person:"Summers, Lawrence"
~subject:"Business cycle"
~subject:"Employment effect"
~subject:"Wirtschaftswachstum"
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Inflation and Activity – Two Explorations and their Monetary Policy Implications
Blanchard, Olivier
-
2015
-recession trend, suggesting
hysteresis
. Second, while inflation has decreased, it has decreased less than anticipated, suggesting a …
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