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...
Հիմնական հեղինակ: | |
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Այլ հեղինակներ: | , , |
Ձևաչափ: | Ամսագիր |
Լեզու: | English |
Հրապարակվել է: |
Washington, D.C. :
International Monetary Fund,
2019.
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Շարք: | IMF Working Papers; Working Paper ;
No. 2019/125 |
Առցանց հասանելիություն: | Full text available on IMF |