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Kolm, Ann-Sofie - 1997

Persistent link: https://www.econbiz.de/10013436615

Taxation, welfare and the crisis of unemployment in Europe

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Fiscal calculus in a New Keynesian model with matching frictions

Campolmi, Alessia; Faia, Ester; Winkler, Roland - 2010

The endorsement of expansionary fiscal packages has often been based on the idea that large multipliers can contrast rising unemployment. Is that really the case? We explore those issues in a New Keynesian model in which unemployment arises because of matching frictions. We compare fiscal...