Supply and Demand in Disaggregated Keynesian Economies with an Application to the Covid-19 Crisis
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We study supply and demand shocks in a disaggregated model with multiple sectors, multiple factors, input-output linkages, downward nominal wage rigidities, credit-constraints, and a zero lower bound. We use the model to understand how the Covid-19 crisis, an omnibus supply and demand shock, affects
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美国国家经济研究局创建时间:
2020-05-01



