Federal Reserve Bank of San Francisco
Will the financial crisis have a lasting effect on unemployment?
To understand Fed policy at this point, you have to look at this whole picture. We have good GDP growth, but a yawning shortfall of employment and output from potential levels. ; Presentation to the Chicago Booth Graduate School of Business Alumni Club of San Francisco, San Francisco, Ca, February 22, 2011
John C. Williams, "Will the financial crisis have a lasting effect on unemployment?", Speech, Federal Reserve Bank of San Francisco, issue Feb 22, 2011.
Keywords: Financial crises ; Unemployment
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