: critically evaluate the hypothesis that there is a natural unemployment . What are the policy implications of your analysis

Topic: critically evaluate the hypothesis that there is a natural unemployment . What are the policy implications of your analysis

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Friedman, M, 1968 “the role of monetary policy” American Economic Review

Cory, Bernard (1995) “Politics and the natural rate hypothesis:a historical perspective” in Rod Cross, The Natural Rate of Unemployment. Reflections on 25 years of the hypothesis. Cambridge:Cambridge university Press

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