Economics, Econometrics and Finance
8 years ago

Government spending changes reshape economy and labor market dynamics permanently.

生駒経済論叢
Fiscal policy in a general equilibrium model with imperfect labor market
Toshiki Tamai

Paper Summary

The article explores how changes in government spending affect the economy in the long run, using a model that considers imperfections in the job market. It also looks at the best way to provide public services.

Related papers

Economics, Econometrics and Finance
4 years ago

Fiscal policy boosts output in imperfect competition, monetary policy less effective.

Monetary Models
Macroeconomic Trends
Economics, Econometrics and Finance
4 years ago

Fiscal policy overhaul could boost household consumption in Eurozone.

Public Finance
Infrastructure Impact
Macroeconomic Analysis
2 views
Economics, Econometrics and Finance
4 years ago

Optimal fiscal policy boosts economy and sustains growth over business cycle.

Infrastructure Impact
Monetary Models
Fiscal Policy