On the recordNovember 7, 2003
I want to take just a moment to address the subject you were addressing with Congressman Putnam on the concept of NAIRU, the Nonaccelerating Inflation Rate of Unemployment.
Said by
Paul S. Sarbanes
I want to take just a moment to address the subject you were addressing with Congressman Putnam on the concept of NAIRU, the Nonaccelerating Inflation Rate of Unemployment.
Discussing the concept of NAIRU and its acceptance among economists.
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