Fiscal Policy and Occupational Employment Dynamics

We document heterogeneity in occupational employment dynamics in response to government spending shocks. Employment rises most strongly in pink-collar occupations, while employment in blue-collar occupations is hardly affected. We develop a business-cycle model that explains the heterogeneous occupational employment dynamics as a consequence of differences in the short-run substitutability between labor and capital services across occupations.

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Year of publication:	2017
Authors:	Jüßen, Falko ; Bredemeier, Christian ; Winkler, Roland
Publisher:	Kiel, Hamburg : ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft

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Series:	Beiträge zur Jahrestagung des Vereins für Socialpolitik 2017: Alternative Geld- und Finanzarchitekturen - Session: Labor Markets ; G06-V1
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Conference Paper
Language:	English
Other identifiers:	hdl:10419/168193 [Handle] RePEc:zbw:vfsc17:168193 [RePEc]
Classification:	E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation ; E24 - Employment; Unemployment; Wages ; J21 - Labor Force and Employment, Size, and Structure ; J23 - Employment Determination; Job Creation; Demand for Labor; Self-Employment
Source:	EconStor

Persistent link: https://www.econbiz.de/10011712706