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NAIRU: Dangerous Dogma at the Fed

Bookmark and Share Report Misuse or Glitches

Publication Date: December 2000

Publisher(s): Center for Economic and Policy Research

Author(s): Dean Baker

Topic: Banking and finance (Money and monetary policy)

Keywords: Inflation; Unemployment rate; Wage index

Type: Report

Coverage: United States

Abstract:

This report, published by the Financial Markets Center, provides a critique of the concept of a non-accelerating inflation rate of unemployment (NAIRU).