3000, ch. de la Côte-Ste-Catherine
Montréal, Quebec H3T 2A7
HEC Montreal - Institute of Applied Economics
Public sector wages, Real interest rates, Income tax revenue, Wage policy, Consumption taxes, public wage, fiscal consolidation, government spending, fiscal policy, NewKeynesian model, Bayesian estimation, state and local governments, wage reduction, baseline model, wage rigidity, government compensation, reallocation
sovereign default; information; fiscal policy
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