Reconsidering the Costs of Business Cycles with Incomplete Markets
收藏NBER1994-04-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w4719
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资源简介:
In this paper, we measure the potential welfare gains from counter-cyclical policy in an economy with incomplete markets. In the course of conducting this measurement, we focus on two questions as central to the determination of those potential gains: (1) what is the likely effect of counter
提供机构:
美国国家经济研究局
创建时间:
1994-04-01



