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The Danish ministry for Finance has an official macroeconomic model that is used to evaluate policies. To the best of my knowledge, it includes a small (I thin
by niklasni1 11y ago
The Danish ministry for Finance has an official macroeconomic model that is used to evaluate policies.
To the best of my knowledge, it includes a small (I think fixed) amount of structural unemployment but anything else is assumed to be transient. We might have some unemployment now, but it's always assumed to right itself after a few years.