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...
| 1. autor: | |
|---|---|
| Kolejni autorzy: | , , |
| Format: | Czasopismo |
| Język: | English |
| Wydane: |
Washington, D.C. :
International Monetary Fund,
2019.
|
| Seria: | IMF Working Papers; Working Paper ;
No. 2019/125 |
| Dostęp online: | Full text available on IMF |