A Fiscal Stimulus and Jobless Recovery

Released on by Mr.Cristiano Cantore
preview-18

  • A Fiscal Stimulus and Jobless Recovery Book Detail

  • Author : Mr.Cristiano Cantore
  • Release Date : 2013-01-18
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 53
  • ISBN 13 : 1475595891
  • File Size : 94,94 MB
DOWNLOAD BOOK

A Fiscal Stimulus and Jobless Recovery by Mr.Cristiano Cantore PDF Summary

Book Description: 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 at the intensive as well as the extensive margin. The combination of deep habits and CES technology is crucial. The presence of deep habits magnifies the responses of macroeconomic variables to a fiscal stimulus, while an elasticity of substitution between capital and labour in the range of available estimates allows the model to produce a scenario compatible with the observed jobless recovery.

Disclaimer: www.yourbookbest.com does not own A Fiscal Stimulus and Jobless Recovery books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

A Fiscal Stimulus and Jobless Recovery

A Fiscal Stimulus and Jobless Recovery

File Size : 19,19 MB
Total View : 8344 Views
DOWNLOAD

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 c

Just Around The Corner

Just Around The Corner

File Size : 22,22 MB
Total View : 6561 Views
DOWNLOAD

Americans have always believed that economic growth leads to job growth. In this groundbreaking analysis, Stanley Aronowitz argues that this is no longer true.

How to Combat Recession

How to Combat Recession

File Size : 91,91 MB
Total View : 8907 Views
DOWNLOAD

Recessions are a recurring phenomenon and there are repeated debates about how to combat them when the crisis hits and after the economy begins to grow again. L

Generating Jobs and Growth

Generating Jobs and Growth

File Size : 7,7 MB
Total View : 5067 Views
DOWNLOAD

The U.S. economy clearly needs government action to stimulate job creation in what has been, so far, a "jobless recovery." Without action, the modest economic g