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Keywords: Natural unemployment rate
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Journal Articles
International Journal of Manpower (2021) 42 (8): 1527–1544.
Published: 08 September 2021
..., policymakers may consider using monetary policy as a tool to control inflation and stimulate growth during a recession. Such policy measures should not have a long-run impact on unemployment or cause a permanent shift in the natural unemployment rate. On the other hand, the government should implement active...

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