A Fiscal Job? An Analysis of Fiscal Policy and the Labor Market

Released on by Ms.Elva Bova
preview-18

  • A Fiscal Job? An Analysis of Fiscal Policy and the Labor Market Book Detail

  • Author : Ms.Elva Bova
  • Release Date : 2014-12-12
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 27
  • ISBN 13 : 1498330479
  • File Size : 25,25 MB
DOWNLOAD BOOK

A Fiscal Job? An Analysis of Fiscal Policy and the Labor Market by Ms.Elva Bova PDF Summary

Book Description: This paper examines the impact of fiscal policy on employment through the lenses of Okun’s Law. Looking at the panel of OECD countries over the past three decades, we find that fiscal policy can affect employment beyond the impact it is traditionally assumed to exert through the output multiplier. In particular, this impact is found to be effective for most items of current discretionary expenditure and for corporate income taxes and social security contributions. Okun’s Law is found to be stable under almost all model specifications, but higher spending on subsidies and lower social security contributions can amplify the impact of the output gap on employment gaps.

Disclaimer: www.yourbookbest.com does not own A Fiscal Job? An Analysis of Fiscal Policy and the Labor Market 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.