NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

The Labor Market Consequences of Financial Crises With or Without Inflation: Jobless and Wageless Recoveries

Guillermo A. Calvo, Fabrizio Coricelli, Pablo Ottonello

NBER Working Paper No. 18480
Issued in October 2012

---- Acknowledgements -----

We are grateful to Victor Elias, Gaston Gelos and Ernesto Talvi for very valuable comments. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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