Fiscal stimulus and the role of wage rigidity

DOI10.1016/J.JEDC.2010.11.004MaRDI QIDQ631248zbMATH OpenOpenAlexFDO

Authors Francesco Furlanetto

Publication date 22 March 2011

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

Full work available at URL https://doi.org/10.1016/j.jedc.2010.11.004

zbMATH Keywords

rule-of-thumb consumerssticky wagesfiscal shocks

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Dynamic stochastic general equilibrium theory (91B51)

Recommendations

• A fiscal stimulus and jobless recovery
• Fiscal stimulus with learning-by-doing
• Employment prospects and the propagation of fiscal stimulus
• Fiscal expansions, unemployment, and labor force participation: theory and evidence
• The effects of fiscal policies in a general equilibrium model with nominal wage contracts

Cites work

• An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output
• Deep Habits
• New Keynesian versus old Keynesian government spending multipliers
• Rule-of-thumb consumers, productivity, and hours
• Would protectionism defuse global imbalances and spur economic activity? A scenario analysis

Cited in

(7)

• Fiscal stimulus with learning-by-doing
• A Model of the Consumption Response to Fiscal Stimulus Payments
• Was the New Deal expansionary?
• Money-financed fiscal stimulus: the effects of implementation lag
• A fiscal stimulus and jobless recovery
• Fiscal policy, labor market structure and macroeconomic performance
• Rule-of-thumb consumers, productivity, and hours

This page was built for publication: Fiscal stimulus and the role of wage rigidity

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q631248)