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Commentary on Robert E. Hall “The routes into and out of the Zero Lower Bound” by Hyun Song Shin ∗
Robert E. Hall The routes into and out of the Zero Lower Bound
2014/3/18
Bob Hall has given us a very timely and thought-provoking paper. He
questions the notion of the “natural rate of unemployment” and the idea
that inflation slows down or accelerates depending o...