H - Public Economics - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T13:02:33+00:00On Fiscal Multipliers: Estimates from a Medium Scale DSGE Model
https://www.bankofcanada.ca/2010/11/working-paper-2010-30/
This paper contributes to the debate on fiscal multipliers, in the context of a structural model. I estimate a micro-founded dynamic stochastic general equilibrium model, that features a rich fiscal policy block and a transmission mechanism for government spending shocks, using Bayesian techniques for US data.2010-11-23T13:49:23+00:00enOn Fiscal Multipliers: Estimates from a Medium Scale DSGE Model2010-11-23Economic modelsFiscal policyWorking Paper 2010-30https://www.bankofcanada.ca/wp-content/uploads/2010/11/wp10-30.pdfOn Fiscal Multipliers: Estimates from a Medium Scale DSGE ModelSarah ZubairyNovember 2010CC1C11EE3E32E6E62HH3H30Trends in U.S. Hours and the Labor Wedge
https://www.bankofcanada.ca/2010/11/working-paper-2010-28/
From 1980 until 2007, U.S. average hours worked increased by thirteen percent, due to a large increase in female hours. At the same time, the U.S. labor wedge, measured as the discrepancy between a representative household's marginal rate of substitution between consumption and leisure and the marginal product of labor, declined substantially.2010-11-08T15:19:41+00:00enTrends in U.S. Hours and the Labor Wedge2010-11-08Economic modelsLabour marketsPotential outputWorking Paper 2010-28https://www.bankofcanada.ca/wp-content/uploads/2010/11/wp10-28.pdfTrends in U.S. Hours and the Labor WedgeSimona CociubaAlexander UeberfeldtNovember 2010EE2E24HH2H20H3H31JJ2J22