1 Result enter search term Search Reset filter Suchfilter Content Type Publications (1) Topics Business Cycle (1) Business Cycle World (1) Growth (1) Labor Market (1) Tax Policy (1) Publicationtype Journal Article (1) Units Macroeconomic Policies over the Business Cycle (1) Macroeconomic Policy under Market Imperfections (1) Experts Christian Merkl (1) Sanjay K. Chugh (1) Wolfgang Lechthaler (1) Date Last Month Last Year Select Period start date to end date Sort by Relevance Date Aktive Filter Topics: Growth Units: Macroeconomic Policies over the Business Cycle Experts: Sanjay K. Chugh Remove all filters Journal Article Optimal Fiscal Policy with Labor Selection 09.04.2019 This paper characterizes long-run and short-run optimal fiscal policy in the labor selection framework. In a calibrated non-Ramsey decentralized equilibrium, labor market volatility is inefficient. Keeping fixed the structural parameters, the Ramsey...
Journal Article Optimal Fiscal Policy with Labor Selection 09.04.2019 This paper characterizes long-run and short-run optimal fiscal policy in the labor selection framework. In a calibrated non-Ramsey decentralized equilibrium, labor market volatility is inefficient. Keeping fixed the structural parameters, the Ramsey...