The occupational composition matters for the price Phillips ...

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banquedefranceBanque de France140586541274364723506/18/2021 - 14:30The occupational composition matters for the price Phillips Curve. Prices are less reactive to unemployment when more "static" #jobs (lower separation and hiring rates) are destroyed in favor of more "fluid" ones. This is key for monetary policy ➡ https://t.co/rzAg5AATJE #BdFeco https://t.co/Tyl8T8CweL
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