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...

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Bibliografiska uppgifter
Huvudupphovsman: Cantore, Cristiano
Övriga upphovsmän: Levine, Paul, Melina, Giovanni
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2013.
Serie:IMF Working Papers; Working Paper ; No. 2013/017
Länkar:Full text available on IMF