Unemployment Insurance in Macroeconomic Stabilization with Imperfect Expectations
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Automatic stabilizers can respond to a recession without a new policy decision, but their effects on aggregate demand may still only arrive with delay. We study the transmission lag for unemployment insurance extensions in a heterogeneous-agent New Keynesian model that closely matches the incidence
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美国国家经济研究局创建时间:
2026-09-01



