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A Hard or Soft Landing? The Answer May Lie in the Beveridge Curve
Abstract: The traditional Beveridge curve suggests that a sharp rise in unemployment is needed to meaningfully lower the job vacancy rate. But the curve shaped by the pandemic labor market may signal a different result.
Keywords: Beveridge curve; unemployment; job vacancy rate; COVID-19;
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https://www.stlouisfed.org/on-the-economy/2023/jul/hard-soft-landing-answer-may-lie-beveridge-curve
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Provider: Federal Reserve Bank of St. Louis
Source: On the Economy
Publication Date: 2023-07-13