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Federal Reserve Bank of St. Louis
Economic Synopses
Unemployment and the role of monetary policy
Brett W. Fawley
Luciana Juvenal

On balance, the figure suggests that structural unemployment during economic downturns has increased since 1991.

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Brett W. Fawley & Luciana Juvenal, "Unemployment and the role of monetary policy" , Federal Reserve Bank of St. Louis, Economic Synopses, number 37, 2010.
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Keywords: Monetary policy - United States ; Unemployment
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