Fiscal Policy Can Reduce Unemployment: But There is a Less Costly and More Effective Alternative
收藏NBER2009-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w15021
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资源简介：
This paper uses a model with a continuum of equilibrium steady state unemployment rates to explore the effectiveness of fiscal policy. The existence of multiple steady state equilibria is explained by the presence of search and recruiting costs. I use the model to explain the current financial
提供机构：
美国国家经济研究局
创建时间：
2009-05-01
