Inequality and Business Cycles
收藏NBER2023-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w31729
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资源简介：
We quantify the connection between inequality and business cycles in a medium-scale New Keynesian model with tractable household heterogeneity, estimated with aggregate and cross-sectional data. We find that inequality substantially amplifies cyclical fluctuations. The primary source of this
提供机构：
美国国家经济研究局
创建时间：
2023-10-01
