scholarly journals Optimal fiscal policy in a model with search-and-matching frictions: the case of Bulgaria (1999–2018)

2020 ◽  
pp. 1-16
Author(s):  
Aleksandar Vasilev
Keyword(s):  
Fiscal Policy ◽  
Search And Matching ◽  
Matching Frictions ◽  
Search And Matching Frictions ◽  
Optimal Fiscal Policy

IMMIGRATION AND UNEMPLOYMENT: A MACROECONOMIC APPROACH

2017 ◽  
Vol 23 (4) ◽  
pp. 1313-1339 ◽  
Author(s):  
Takehiro Kiguchi ◽  
Andrew Mountford
Keyword(s):  
Temporary Increase ◽  
Macroeconomic Model ◽  
Search And Matching ◽  
Matching Frictions ◽  
Search And Matching Frictions

This paper analyzes the effects of an unanticipated increase in immigration in a macroeconomic model with search and matching frictions. It shows how an immigration shock can lead to a temporary increase in unemployment under a variety of conditions and that this is qualitatively consistent with the responses from a VAR estimated on postwar US data.

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