A fiscal stimulus and jobless recovery /
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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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Bibliographic Details
Main Author: Cantore, Cristiano
Corporate Authors: PALCI EBSCO books, International Monetary Fund. Research Department
Other Authors: Levine, Paul, 1944-, Melina, Giovanni
Format: Online Book
Published: [Washington, D.C.] : International Monetary Fund, ©2013.
Series:IMF working paper ; WP/13/17.
Access:Online version
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