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Hysteresis
in Unemployment : Evidence from OECD Estimates of the Natural Rate
Ball, Laurence
;
Onken, Joern
-
2021
for 29 countries from the OECD. We find strong evidence of
hysteresis
: an innovation in u causes u* to change in the same …
Persistent link: https://www.econbiz.de/10013312060
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