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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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| Corporate Authors: | , |
| Other Authors: | , |
| Format: | Online Book |
| Language: | English |
| Published: |
[Washington, D.C.] :
International Monetary Fund,
©2013.
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| Series: | IMF working paper ;
WP/13/17. |
| Subjects: | |
| Access: | Online version |
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