Labor Share Heterogeneity and Fiscal Consolidation Programs

We show that the labor share of income is an important factor affecting the mechanisms behind fiscal consolidation programs, thus requiring consideration when evaluating fiscal multipliers across countries. We calibrate a life-cycle, overlapping generations model to match key characteristics of diff...

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Detalhes bibliográficos
Autor principal: Brinca, Pedro (author)
Outros Autores: Freitas, Bruno (author), Mano, Margarida (author)
Formato: other
Idioma:eng
Publicado em: 2020
Assuntos:
Texto completo:http://hdl.handle.net/10316/89134
País:Portugal
Oai:oai:estudogeral.sib.uc.pt:10316/89134