Fiscal Consolidation and Public Wages /

A New Keynesian model with government production, public compensation, and unemployment is fit to U.S. data to study the macroeconomic and fiscal effects of public wage reductions. We find that accounting for the type of government spending is crucial for its macroeconomic implications. Although red...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Chang, Juin-Jen
अन्य लेखक: Lin, Hsieh-Yu, Susan Yang, Shu-Chun, Traum, Nora
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2019.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2019/125
ऑनलाइन पहुंच:Full text available on IMF