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. This suggests that currency depreciation can help reduce unemployment only insofar as it is associated with inflation, and …This paper discusses three policy tools to mitigate jobless recoveries during financial crises: inflation, real … document that large inflationary spikes appear to help unemployment to get back to pre-crisis levels. However, the counterpart …
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. This suggests that currency depreciation can help reduce unemployment only insofar as it is associated with inflation, and …This paper discusses three policy tools to mitigate jobless recoveries during financial crises: inflation, real … document that large inflationary spikes appear to help unemployment to get back to pre-crisis levels. However, the counterpart …
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Prior to 2020, the Great Recession was the most important macroeconomic shock to the United States economy in generations. Millions lost jobs and homes. At its peak, one in ten workers who wanted a job could not find one. On an annual basis, the economy contracted by more than it had since the...
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