We consider a dynamic general equilibrium model with collective wage bargaining and investigate how unemployment … unemployment persistence by its adverse impact on growth, and may even destabilize the adjustment path. If this is the case, a … future fiscal consolidation is needed which further raises unemployment. These results are consistent with empirical evidence …

We consider a dynamic general equilibrium model with collective wage bargaining and investigate how unemployment … unemployment persistence by its adverse impact on growth, and may even destabilize the adjustment path. If this is the case, a … future fiscal consolidation is needed which further raises unemployment. These results are consistent with empirical evidence …

We consider a dynamic general equilibrium model with collective wage bargaining and investigate how unemployment … unemployment persistence by its adverse impact on growth, and may even destabilize the adjustment path. If this is the case, a … future fiscal consolidation is needed which further raises unemployment. These results are consistent with empirical evidence …

those who repay the debt if prices and wages are fixed and unemployment occurs in the periods in which public bonds are …

those who repay the debt if prices and wages are fixed and unemployment occurs in the periods in which public bonds are … grandchildren. -- Demand shortage ; overlapping generations ; public debt ; unemployment ; welfare effects …

bonds, official reserves, GDP and balance of trade, inflation and unemployment. Please see also: Mazziero, Maurizio, 2010 …

comparison to the Eurozone countries, its stock of government bonds, official reserves, GDP, inflation and unemployment …

Reserves, GDP, Inflation and Unemployment situation is presented and and compared with the past. Please see also: Mazziero …