Nalaganje...

Workers, capitalists, and the government: fiscal policy and income (re)distribution

We propose a novel two-agent New Keynesian model to study the interaction of fiscal policy and household heterogeneity in a tractable environment. Workers can save in bonds subject to portfolio adjustment costs; firm ownership is concentrated among capitalists who do not supply labor. The model is c...

Popoln opis

Shranjeno v:
Bibliografske podrobnosti
izdano v:J Monet Econ
Main Authors: Cantore, Cristiano, Freund, Lukas B.
Format: Artigo
Jezik:Inglês
Izdano: North-Holland Pub. Co 2021
Teme:
Online dostop:https://ncbi.nlm.nih.gov/pmc/articles/PMC8100925/
https://ncbi.nlm.nih.gov/pubmed/33994650
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1016/j.jmoneco.2021.01.004
Oznake: Označite
Brez oznak, prvi označite!