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Documentos de proyectos e investigación 2017-04

The U.S labor market is tight and is expected to return to full employment in 2017. However, productivity has risen less than 1% for six consecutive years. Sluggish productivity has implications for wage growth, which has been low by historical standards during this economic recovery. Wage growth...

Enlace original: https://repositorio.cepal.org/handle/11362/41329

Repositorio Digital Cepal
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Revistas 2016-12

Autor: Junior, Karlo Marques Correia, Fernando Motta

This paper analyses the coordination between monetary and fiscal policy in an emerging economy with an inflation-targeting monetary regime, in a context in which default risk shocks can lead to macroeconomic imbalances. It develops a macrodynamic model in order to capture the mechanisms of defaul...

Enlace original: https://repositorio.cepal.org/handle/11362/41254

Repositorio Digital Cepal
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Junior, Karlo Marques ,  Correia, Fernando Motta ,  Mechanisms of default risk transmission and economic policy coordination

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