The Role of Automatic Stabilizers in the U.S. Business Cycle
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下载链接:
https://www.nber.org/papers/w19000
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资源简介:
Most countries have automatic rules in their tax-and-transfer systems that are partly intended to stabilize economic fluctuations. This paper measures how effective they are. We put forward a model that merges the standard incomplete-markets model of consumption and inequality with the new Keynesian
提供机构:
美国国家经济研究局
创建时间:
2013-04-01



