Federal Reserve Bank of St. Louis
Is the FOMC’s unemployment rate threshold a good idea?
The November 2012 unemployment rate would have been 1.6 percent higher had the labor force participation rate declined as it did following the 2001 recession.
Cite this item
Daniel L. Thornton, "Is the FOMC’s unemployment rate threshold a good idea?"
, Federal Reserve Bank of St. Louis, Economic Synopses, number 1, 2013.
Keywords: Unemployment ; Federal Open Market Committee
This item with handle RePEc:fip:fedles:y:2013:n:1
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