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来源类型Working Paper
规范类型报告
DOI10.3386/w17562
来源IDWorking Paper 17562
Fiscal Policy and Unemployment
Marco Battaglini; Stephen Coate
发表日期2011-11-03
出版年2011
语种英语
摘要This paper explores the interaction between fiscal policy and unemployment. It develops a dynamic economic model in which unemployment can arise but can be mitigated by tax cuts and public spending increases. Such policies are fiscally costly, but can be financed by issuing government debt. In the context of this model, the paper analyzes the simultaneous determination of fiscal policy and unemployment in long run equilibrium. Outcomes with both a benevolent government and political decision-making are studied. With political decision-making, the model yields a simple positive theory of fiscal policy and unemployment.
主题Macroeconomics ; Fiscal Policy ; Public Economics ; Taxation ; National Fiscal Issues
URLhttps://www.nber.org/papers/w17562
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/575236
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GB/T 7714
Marco Battaglini,Stephen Coate. Fiscal Policy and Unemployment. 2011.
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