CEU Electronic Theses and Dissertations, 2011
| Author | Ismayilov, Ilqar Muzaffar |
|---|---|
| Title | Unemployment Fiscal Multiplier in a Small Open Economy with Labor Market Frictions |
| Summary | This study investigates unemployment fiscal multiplier in a small open economy with labor market frictions. Some key parameters were chosen to be consistent for Hungarian economy. The labor relations are constructed similar to the Mortensen, Pissaridies (1999) framework. I allowed three different and independent shocks (foreign output, government expenditure, productivity). The results for each of them are separately discussed and compared with other papers. Unemployment and fiscal multipliers for different horizon were calculated. Both of them are less than one for the long and short runs. |
| Supervisor | Campolmi, Alessia |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2011/ismayilov_ilqar.pdf |
Visit the CEU Library.
© 2007-2021, Central European University