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Macroeconomic adjustment with segmented labor markets
Agénor, Pierre-Richard - 1994
Persistent link: https://www.econbiz.de/10000893878
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Macroeconomic Adjustment with Segmented Labor Markets
Agenor, Pierre-Richard; Aizenman, Joshua - 2022
. The basic framework considers an economy with a large informal production sector and a heterogeneous work force. The labor … improves competitiveness, and expands the formal sector at the expense of the informal sector. Hence, in a two-sector economy …
Persistent link: https://www.econbiz.de/10013308614
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Pandemic Shocks and Fiscal-Monetary Policies in the Eurozone : COVID-19 Dominance During January - June 2020
Jinjarak, Yothin - 2020
This case study compares the importance of prevailing market factors against that of COVID-19 dynamics and policy responses in explaining the evolution of Eurozone (EZ) sovereign spreads during the first half of 2020. Focusing on daily Eurozone CDS spreads, we adopt a multi-stage econometric...
Persistent link: https://www.econbiz.de/10012829783
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Pandemic shocks and fiscal-monetary policies in the eurozone : COVID-19 dominance during January - June 2020
Jinjarak, Yothin; Ahmed, Rashad; Nair-Desai, Sameer; … - 2020
Persistent link: https://www.econbiz.de/10012255871
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Non-Keynesian effects of fiscal policy changes : international evidence and the Swedish experience
Giavazzi, Francesco; Pagano, Marco - 1995
Persistent link: https://www.econbiz.de/10000923448
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What do we know about the effects of Austerity?
Alesina, Alberto; Favero, Carlo A.; Giavazzi, Francesco - 2018
Persistent link: https://www.econbiz.de/10011796671
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Fiscal adjustments in OECD countries : composition and macroeconomic effects
Alesina, Alberto - 1996
Persistent link: https://www.econbiz.de/10000949023
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Searching for non-linear effects of fiscal policy : evidence from industrial and developing countries
Giavazzi, Francesco; Jappelli, Tullio; Pagano, Marco - 2000
Persistent link: https://www.econbiz.de/10001448421
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Country heterogeneity and the international evidence on the effects of fiscal policy
Favero, Carlo A.; Giavazzi, Francesco; Perego, Jacopo - 2011
Persistent link: https://www.econbiz.de/10009296445
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What Do We Know About the Effects of Austerity?
Alesina, Alberto F. - 2018
This paper summarizes the results of a large recent literature on multi year fiscal plans for deficit reduction (austerity). The key results are that deficit reduction policies based upon spending cuts are much less costly in terms of short run output losses than tax based adjustments. On...
Persistent link: https://www.econbiz.de/10012929010