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Inequality, fiscal policy and COVID19 restrictions in a demand-determined economy

We evaluate the effects of inequality, fiscal policy, and COVID19 restrictions in a model of economic slack with potentially rigid capital operating costs. Rich households satiate their demand for goods/services (and consume an endowment on the margin), whereas poor households’ spending on goods/ser...

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Detalles Bibliográficos
Autores principales: Auerbach, Alan J., Gorodnichenko, Yuriy, Murphy, Daniel
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier B.V. 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9750058/
https://www.ncbi.nlm.nih.gov/pubmed/36536821
http://dx.doi.org/10.1016/j.euroecorev.2021.103810