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Aggregate effects of a universal social insurance fiscal reform
Antón Sarabia, Arturo; Leal, Julio - 2013
This paper analyzes the aggregate effects of a revenue neutral fiscal-cumsocial policy reform in a typical developing country that consists of two main changes: (1) the implementation of universal social insurance to replace the current dual social protection system (i.e., a reconfiguration of...
Persistent link: https://www.econbiz.de/10011303247
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Asset supply and liquidity transformation in HANK
Chiang, Yu-Ting; Zoch, Piotr - 2022
Persistent link: https://www.econbiz.de/10013465027
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The macro-economic effects of labour market reforms in the European Union : some selected simulations with the NIME model
Meyermans, Eric (contributor) - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002073828
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Liquidity premiums on government debt and the fiscal theory of the price level
Berentsen, Aleksander; Waller, Christopher - 2017
lending arrangements. If the collateral constraint binds, agents price in a liquidity premium on bonds that lowers the real … or spending. The price dynamics are driven solely by the liquidity premium on the debt …
Persistent link: https://www.econbiz.de/10011691217
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Flight to what? : dissecting liquidity shortages in the financial crisis
Dong, Feng; Wen, Yi - 2017 - This version: August, 2017
We endogenize the liquidity and the quality of private assets in a tractable incomplete-market model with heterogeneous … agents. The model decomposes the convenience yield of government bond into a "liquidity premium" (flight to liquidity) and a … and bond premiums, the model reveals that a sharp reduction in the quality, instead of the liquidity, of private assets …
Persistent link: https://www.econbiz.de/10011780935
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Do immigrants bring fiscal dividends? : the case of Venezuelan immigration in Colombia
Valencia, Oscar M.; Angarita, Matilde; Santaella, Juan; … - 2020
This paper analyzes the effects of recent Venezuelan immigration to Colombia on the fiscal balance, the labor market, and economic growth. For this purpose, we built a dynamic general equilibrium model with a search and matching structure in the labor market. The higher fiscal spending to...
Persistent link: https://www.econbiz.de/10012587040
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Labor market upheaval, default regulations,and consumer debt
Athreya, Kartik B.; Sanchez, Juan M.; Tam, Xuan S.; … - 2014
Persistent link: https://www.econbiz.de/10010244609
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The employment effects of the Maastricht fiscal criteria
Barrell, Ray; Morgan, Julian; Pain, Nigel - 1995 - 2. ed
Persistent link: https://www.econbiz.de/10000929130
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The implications of labor market heterogeneity on unemployment insurance design
Birinci, Serdar; See, Kurt - 2024
Persistent link: https://www.econbiz.de/10015070163
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Climate policies, labor markets, and macroeconomic outcomes in emerging economies
Finkelstein Shapiro, Alan; Nuguer, Victoria - 2023
We study the labor market and macroeconomic effects of introducing a carbon tax in the energy sector in emerging economies (EMEs) by building a framework with equilibrium unemployment and firm entry that incorporates key elements of the distinct employment and firm structure of EMEs. Our model...
Persistent link: https://www.econbiz.de/10014460792