Information on "Finance" and "Americas"
December 2000
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Dec 2000
NAIRU: Dangerous Dogma at the Fed
Author: Dean Baker
Publisher: Center for Economic and Policy Research (CEPR)
This paper examines the logic of the NAIRU or the non-accelerating inflation rate of unemployment doctrine and describes the process through which the theory came to dominate thinking in the economics profession and shape the conduct of monetary pol... More on «NAIRU: Dangerous Dogma at the Fed»
