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The macroeconomic effects of lockdown policies()
A tractable incomplete-market model with endogenous unemployment risk, sticky prices, real wage rigidity and a fiscal side is calibrated to Euro Area countries and used to analyze the macroeconomic effects of lockdown policies. Modeling them as a shock to the extensive margin of labor adjustment – a...
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| Published in: | J Public Econ |
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| Main Authors: | , |
| Format: | Artigo |
| Language: | Inglês |
| Published: |
Elsevier B.V.
2020
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| Subjects: | |
| Online Access: | https://ncbi.nlm.nih.gov/pmc/articles/PMC7442895/ https://ncbi.nlm.nih.gov/pubmed/32863463 https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1016/j.jpubeco.2020.104260 |
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