How can the insider-outsider model explain persistently high levels of unemployment? Can this form of hysteresis be
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How can the insider-outsider model explain persistently high levels of unemployment? Can this form of hysteresis be mitigated by increasing aggregate demand?
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Macroeconomics Institutions Instability And The Financial System
ISBN: 9780199655793
1st Edition
Authors: Wendy Carlin, David Soskice
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