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 employment both...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Cantore, Cristiano
Muut tekijät: Levine, Paul, Melina, Giovanni
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2013.
Sarja:IMF Working Papers; Working Paper ; No. 2013/017
Linkit:Full text available on IMF