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This paper examines the role of fiscal policies in the dynamics of the labor market. Through the lenses of Okun's Law, we assess how fiscal policy instruments as well as fiscal consolidation and expansion episodes affect labor market outcomes. Using a panel of 34 OECD countries over the period...
Persistent link: https://www.econbiz.de/10011308642
Governments perform national, labor-intensive censuses on a regular schedule. Censuses represent many of the largest peacetime expansions and contractions in federal hiring. The predetermined occurrence and scale of the census offers an economic experiment in the effects of temporary government...
Persistent link: https://www.econbiz.de/10012294936
Would countercyclical fiscal policy during recessions improve or worsen the gender employment gap? We answer this question by exploring the state-dependent impact of fiscal spending shocks on employment by gender in the G-7 countries. Using the local projection method, we find that, during...
Persistent link: https://www.econbiz.de/10013368240