Emigration and fiscal austerity in a depression

DOI10.1016/J.JEDC.2022.104539MaRDI QIDQ2102890zbMATH OpenOpenAlexFDO

Authors Guilherme Bandeira, Jordi Caballé, Eugenia Vella

Publication date 12 December 2022

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Copyright license Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International

Full work available at URL https://doi.org/10.1016/j.jedc.2022.104539

zbMATH Keywords

emigrationfiscal austerityfiscal multipliersGreek crisismatching frictionson-the-job search

Mathematics Subject Classification ID

Game theory, economics, finance, and other social and behavioral sciences (91-XX)

Recommendations

• Fiscal austerity during debt crises
• Immigration and public finances in OECD countries
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• Regime-dependent fiscal multipliers in the United States
• Fiscal consolidation strategy

Cites work

• A SEARCH‐EQUILIBRIUM APPROACH TO THE EFFECTS OF IMMIGRATION ON LABOR MARKET OUTCOMES
• Austerity, assistance and institutions: lessons from the Greek sovereign debt crisis
• Dynamics of fiscal financing in the United States
• Fiscal consolidation in a currency union: spending cuts vs. tax hikes
• Immigration and public finances in OECD countries
• Labor market dynamics with endogenous labor force participation and on-the-job search
• Skilled migration and business cycle dynamics
• The government wage bill and private activity
• Trade and labor market dynamics: general equilibrium analysis of the China trade shock
• Understanding the long-run decline in interstate migration

Cited in

(1)

• Fiscal policy with an informal sector

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