Micro Risks and (Robust) Pareto Improving Policies
收藏NBER2021-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w28996
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资源简介：
We provide sufficient conditions for the feasibility of robust Pareto-improving (RPI) fiscal policies in the class of incomplete markets models of Bewley-Huggett-Aiyagari and when the interest rate on government debt is below the growth rate (r < g). We allow for arbitrary heterogeneity in
提供机构：
美国国家经济研究局
创建时间：
2021-07-01
