Spending-based austerity measures and their effects on output and unemployment
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Cited by:
- Cantelmo, Alessandro & Melina, Giovanni, 2018.
"Monetary policy and the relative price of durable goods,"
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- Eckardt, Sebastian & Mills, Zachary, 2014. "What goes up must come down -- cyclicality in public wage bill spending," Policy Research Working Paper Series 6760, The World Bank.
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More about this item
Keywords
austerity; NK model; output and unemployment multipliers; search and matching frictions; sign restrictions; VARs;JEL classification:
- C11 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Bayesian Analysis: General
- E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ALL-2013-04-13 (All new papers)
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