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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Bibliographic Details
Main Author: Brinca, Pedro (author)
Other Authors: Freitas, Bruno (author), Mano, Margarida (author)
Format: other
Language:eng
Published: 2020
Subjects:
Fiscal Consolidation, Labor Share, Fiscal Multipliers, Public Debt
Online Access:http://hdl.handle.net/10316/89134
Country:Portugal
Oai:oai:estudogeral.sib.uc.pt:10316/89134

Internet

http://hdl.handle.net/10316/89134

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