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cyclicality of their employment and wages relative to women’s. We study the extent to which fiscal policy may offset or worsen … these asymmetric effects across gender. Using micro-level data for the U.S. from the Current Population Survey, we find that … analysis further reveals that the fiscal component most efficient at closing gender gaps is least suitable for offsetting …
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In this paper, we analyse the effects of the stimulus packages adopted by the German government during the Great Recession. We employ a standard mediumscale dynamic stochastic general equilibrium (DSGE) model extended by nonoptimising households and a detailed fiscal sector. In particular, the...
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fiscal shocks and non-fiscal shocks on the gender composition of employment. We show that contractionary non-fiscal shocks … lead to man-cessions, i.e. employment falls and more strongly so for men. By contrast, an expansionary fiscal shock … predominantly raises the employment of women. Taken together, these results imply a trade-off dilemma for policy that seeks to …
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We simulate the fiscal stimulus packages set up by the German government to allevi-ate the costs of the COVID-19 pandemic in a dynamic New Keynesian multi-sectorgeneral equilibrium model. We find that, cumulated over 2020-2022, output lossesrelative to steady state can be reduced by more than 4...
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statistically significant output effect under floating exchange rate regimes. For the estimation of the output effects of fiscal …
Persistent link: https://www.econbiz.de/10012252736