Does public spending affect unemployment in an emerging market?
نویسندگان
چکیده
منابع مشابه
Public spending, market imperfections and unemployment
This paper proposes a generalized WS/PS model studying the impact of public spending on employment, in the presence of imperfect competition in labour and product markets. Public spending is shown to a¤ect rms pro t margins and rms labour demand schedules. The model highlights a new channel by which scal policy can improve employment. By reducing rmsmark-up, public spending helps counterin...
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ژورنال
عنوان ژورنال: Risk Governance and Control: Financial Markets and Institutions
سال: 2017
ISSN: 2077-4303,2077-429X
DOI: 10.22495/rgcv7i1art4