Fiscal Policy and Occupational Employment Dynamics
Christian Bredemeier () and
Roland Winkler ()
Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking from Verein für Socialpolitik / German Economic Association
We document heterogeneity in occupational employment dynamics in response to government spending shocks. Employment rises most strongly in pink-collar occupations, while employment in blue-collar occupations is hardly affected. We develop a business-cycle model that explains the heterogeneous occupational employment dynamics as a consequence of differences in the short-run substitutability between labor and capital services across occupations.
JEL-codes: E62 E24 J21 J23 (search for similar items in EconPapers)
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Working Paper: Fiscal Policy and Occupational Employment Dynamics (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc17:168193
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