Labour share heterogeneity and fiscal consolidation programs
We show that the labour share of income is an important factor affecting the mechanisms behind fiscal consolidation programs, thus requiring consideration when evaluating fiscal mul- tipliers across countries. We calibrate a life-cycle, overlapping generations model to match key characteristics of d...
Autor principal: | |
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Formato: | masterThesis |
Idioma: | eng |
Publicado em: |
2021
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Assuntos: | |
Texto completo: | http://hdl.handle.net/10362/111524 |
País: | Portugal |
Oai: | oai:run.unl.pt:10362/111524 |