Employment, fiscal Policy and Oligopsonistic Labour Market
Employment, fiscal Policy and Oligopsonistic Labour Market
复制标题
就业、财政政策和寡头劳动力市场
DOI:
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发表时间:
2009
期刊:
影响因子:
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通讯作者:
Toshiki Tamai
中科院分区:
文献类型:
--
作者:
Toshiki Tamai
This paper presents an investigation of the dynamic effects of fiscal policy in an inter-temporal optimisation model with an oligopsonistic labour market. In an oligopsonistic labour market, fiscal policy expands employment through a shift of labour demand and supply curves. Fiscal policy has a positive effect on physical capital. Consequently, fiscal expansion stimulates not only employment but also aggregate output. However, an increase in government spending that does not generate benefits cannot improve welfare. The extended model provides conditions for justification of active fiscal policy.
影响因子:
6.1
作者:
HART, O;MOORE, J
通讯作者:
MOORE, J