Verfügbarkeit: A Fiscal Job?

A Fiscal Job?: An Analysis of Fiscal Policy and the Labor Market

This paper examines the impact of fiscal policy on employment through the lenses of Okun's Law. Looking at the panel of OECD countries over the past three decades, we find that fiscal policy can affect employment beyond the impact it is traditionally assumed to exert through the output multipli...

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1. Verfasser:	Bova, Elva (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 2014
Schriftenreihe:	IMF Working Papers: Working Paper No. 14 / 216
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Zusammenfassung:	This paper examines the impact of fiscal policy on employment through the lenses of Okun's Law. Looking at the panel of OECD countries over the past three decades, we find that fiscal policy can affect employment beyond the impact it is traditionally assumed to exert through the output multiplier. In particular, this impact is found to be effective for most items of current discretionary expenditure and for corporate income taxes and social security contributions. Okun's Law is found to be stable under almost all model specifications, but higher spending on subsidies and lower social security contributions can amplify the impact of the output gap on employment gaps
Beschreibung:	1 Online-Ressource (27 p)
ISBN:	1498330479 9781498330473

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spelling	Bova, Elva Verfasser aut A Fiscal Job? An Analysis of Fiscal Policy and the Labor Market Bova, Elva Washington, D.C International Monetary Fund 2014 1 Online-Ressource (27 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers: Working Paper No. 14 / 216 This paper examines the impact of fiscal policy on employment through the lenses of Okun's Law. Looking at the panel of OECD countries over the past three decades, we find that fiscal policy can affect employment beyond the impact it is traditionally assumed to exert through the output multiplier. In particular, this impact is found to be effective for most items of current discretionary expenditure and for corporate income taxes and social security contributions. Okun's Law is found to be stable under almost all model specifications, but higher spending on subsidies and lower social security contributions can amplify the impact of the output gap on employment gaps Online-Ausg Kolerus, Christina Elisabeth 1982- Sonstige (DE-588)1021986747 oth Tapsoba, Sampawende Jules-Armand Sonstige (DE-588)1013550684 oth http://elibrary.imf.org/view/IMF001/22182-9781498330473/22182-9781498330473/22182-9781498330473.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Bova, Elva A Fiscal Job? An Analysis of Fiscal Policy and the Labor Market
title	A Fiscal Job? An Analysis of Fiscal Policy and the Labor Market
title_auth	A Fiscal Job? An Analysis of Fiscal Policy and the Labor Market
title_exact_search	A Fiscal Job? An Analysis of Fiscal Policy and the Labor Market
title_exact_search_txtP	A Fiscal Job? An Analysis of Fiscal Policy and the Labor Market
title_full	A Fiscal Job? An Analysis of Fiscal Policy and the Labor Market Bova, Elva
title_fullStr	A Fiscal Job? An Analysis of Fiscal Policy and the Labor Market Bova, Elva
title_full_unstemmed	A Fiscal Job? An Analysis of Fiscal Policy and the Labor Market Bova, Elva
title_short	A Fiscal Job?
title_sort	a fiscal job an analysis of fiscal policy and the labor market
title_sub	An Analysis of Fiscal Policy and the Labor Market
url	http://elibrary.imf.org/view/IMF001/22182-9781498330473/22182-9781498330473/22182-9781498330473.xml
work_keys_str_mv	AT bovaelva afiscaljobananalysisoffiscalpolicyandthelabormarket AT koleruschristinaelisabeth afiscaljobananalysisoffiscalpolicyandthelabormarket AT tapsobasampawendejulesarmand afiscaljobananalysisoffiscalpolicyandthelabormarket

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