Fiscal stimulus and labor market policies in Europe

Several contributions have recently assessed the size of fiscal multipliers both in RBC models and in New Keynesian models. This paper computes fiscal multipliers within a labor selection model with turnover costs and Nash bargained wages. We find that demand stimuli yield small multipliers, as they...

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Bibliographic details
Volume: 37
Main Author: Faia, Ester
Lechthaler, Wolfgang
Merkl, Christian
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: AMSTERDAM Elsevier B.V 01.03.2013
ELSEVIER
published in: Journal of economic dynamics & control Vol. 37; no. 3; pp. 483 - 499
Data of publication: March 2013
ISSN: 0165-1889
1879-1743
EISSN: 1879-1743
Discipline: Economics
Statistics
Subjects:
E62
H30
H20
J20
Online Access: available in Bonn?
Database: Social Sciences Citation Index
Web of Knowledge
Web of Science - Social Sciences Citation Index - 2013
Web of Science
CrossRef
Academic OneFile (A&I only)
Database information Databases - DBIS