Government Purchases Over the Business Cycle: the Role of Economic and Political Inequality
收藏NBER2010-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w16247
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This paper explores the implications of economic and political inequality for the business cycle comovement of government purchases. We set up and compute a heterogeneous-agent neoclassical growth model, where households value government purchases which are financed by income taxes. A key feature of
提供机构:
美国国家经济研究局
创建时间:
2010-08-01



