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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...
Autores principales: | Auerbach, Alan J., Gorodnichenko, Yuriy, Murphy, Daniel |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Elsevier B.V.
2021
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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 |
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