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Fiscal stabilization in the United States : lessons for monetary unions
Nikolov, Plamen; Pasimeni, Paolo - In: Open economies review 34 (2023) 1, pp. 113-153
Persistent link: https://www.econbiz.de/10014276865
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Macroeconomic Adjustment with Segmented Labor Markets
Agenor, Pierre-Richard - 1994
. 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/10012474150
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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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Time inconsistency and free-riding in a monetary union
Chari, Varadarajan V.; Kehoe, Patrick J. - In: Journal of money, credit and banking : JMCB 40 (2008) 7, pp. 1329-1355
Persistent link: https://www.econbiz.de/10003761412
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Fiscal Limits in Advanced Economies
Leeper, Eric M. - 2011
control inflation and influence the economy in the usual ways. The paper discusses models of fiscal limits and their … implications and lays out a research agenda to integrate political economy and empirical considerations with general equilibrium …
Persistent link: https://www.econbiz.de/10013129132
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A Behavioral New Keynesian Model
Gabaix, Xavier - 2016
economy out of the zero lower bound. More generally, the model allows for the joint analysis of optimal monetary and fiscal …
Persistent link: https://www.econbiz.de/10012455726
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A Behavioral New Keynesian Model
Gabaix, Xavier - 2017
) Fiscal stimulus or “helicopter drops of money” are powerful and, indeed, pull the economy out of the zero lower bound. More …
Persistent link: https://www.econbiz.de/10012966932
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Fiscal Limits in Advanced Economies
Leeper, Eric M. - 2011
control inflation and influence the economy in the usual ways. The paper discusses models of fiscal limits and their … implications and lays out a research agenda to integrate political economy and empirical considerations with general equilibrium …
Persistent link: https://www.econbiz.de/10012461838
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Trade Policy, Income, and Employment
Baldwin, Robert E. - 1984
Disappointing recent growth rates, the emergence of structurally unfavorable income and employment conditions, and important institutional changes in the international trading environment have caused policy officials in the advanced industrial nations to reconsider the proper mix of reactive...
Persistent link: https://www.econbiz.de/10012477773
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State-Owned Enterprises, Shirking and Trade Liberalization
Ghosh, Madanmohan - 2000
effects on imports can also occur. These models when calibrated to 1995 data for Vietnam also suggest quantitatively much …
Persistent link: https://www.econbiz.de/10012471065