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...
Autor principal: | |
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Outros Autores: | , |
Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
2013.
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Colecção: | IMF Working Papers; Working Paper ;
No. 2013/017 |
Acesso em linha: | Full text available on IMF |