Fiscal Stimulus and Distortionary Taxation
收藏NBER2011-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w17111
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资源简介：
We quantify the fiscal multipliers in response to the American Recovery and Reinvestment Act (ARRA) of 2009. We extend the benchmark Smets-Wouters (2007) New Keynesian model, allowing for credit-constrained households, the zero lower bound, government capital and distortionary taxation. The
提供机构：
美国国家经济研究局
创建时间：
2011-06-01
