Fiscal Multipliers: A Heterogenous-Agent Perspective
收藏NBER2021-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w28366
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资源简介：
We use an analytically tractable heterogeneous-agent (HANK) version of the standard New Keynesian model to show how the size of fiscal multipliers depends on i) the distribution of factor incomes, and ii) the source of nominal rigidities. With sticky prices but flexible wages, the standard
提供机构：
美国国家经济研究局
创建时间：
2021-01-01
