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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Övriga upphovsmän: | , |
Materialtyp: | Tidskrift |
Språk: | English |
Publicerad: |
Washington, D.C. :
International Monetary Fund,
2013.
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Serie: | IMF Working Papers; Working Paper ;
No. 2013/017 |
Länkar: | Full text available on IMF |