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full employment
Lastly, the optimum credibility is determined which minimizes a loss function associated with deviations from full employment.
      
Keynes then demonstrated that intended investment and saving need not be equal at a full employment equilibrium.
      
The implementation of "bridge jobs" to facilitate the transition from full employment to full retirement, could, in theory, lessen the long-term decline in employment rates of men and women.
      
Yet full employment continues to exist, only with a different pattern of activities in the face of disruptions then when those disruptions are absent.
      
Americans enjoy an odd sort of prosperity -- full employment, but not much to buy.
      
After several centuries of capitalism, our society still shows no signs of allowing sustained full employment.
      
Also, to the extent that the economy is close to full employment such a boost could have negative effects on inflation.
      
Although Ireland is near full employment, continued efforts should be made to attract more people into employment.
      
Also, all the models surveyed in this paper assume full employment.
      
At full employment, any person unemployed would be voluntarily unemployed.
      
As the earlier discussion about the experience in the 1970s makes clear, u min is not necessarily equal to full employment.
      
Assume two countries, France and Germany, which are initially in their equilibrium defined as full employment and balanced trade.
      
As a direct consequence, the ITO's collapse represented a significant closure of the full employment era internationally.
      
Assuming aggregate output is fixed in the short run is equivalent to assuming full employment of all primary factors of production.
      
By contrast in neoclassical theory wages tend to the value of the full employment marginal product of labour.
      
But history has shown that the trade deficit is no barrier to achieving full employment.
      
But it is equally clear that European economic policy plays only a marginal role in achieving growth and full employment.
      
But once full employment is restored, growth that is too much above 3 percent is likely to be inflationary and prompt a tightening of monetary policy.
      
But they are perhaps largely self-evident, namely those of full employment and sustained economic growth in an environmentally friendly manner.
      
Cost-push forces were thought to explain how inflation could occur at less than full employment.
      
 

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