Bova, Elva; Kolerus, Christina; Tapsoba, Sampawende J.-A. - International Monetary Fund (IMF) - 2014
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...