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A fiscal stimulus and jobless recovery

"We analyse the effects of a government spending expansion in a DSGE model with Mortensen-Pissarides labour market frictions, deep habits in private and public consumption, investment adjustment costs, a constant-elasticity-of-substitution (CES) production function, and adjustments in employmen...

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Bibliographic Details
Main Authors: Cantore, Cristiano, Levine, Paul, Melina, Giovanni
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Washington, DC 2013
IMF
Subjects:
business cycle
economic model
fiscal policy
macroeconomics
public expenditure
unemployment
Online Access:https://www.labourline.org/KENTIKA-19128225124919464079-a-fiscal-stimulus-and-jobless-.htm

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