Optimal Financing of Government Purchases
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下载链接：
https://www.nber.org/papers/w32961
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资源简介：
We characterize a planner's optimal allocation of consumption and capital in an overlapping generations model with exogenous government purchases, privately-observed idiosyncratic shocks to the depreciation rate of capital, and a proportional cost of reversing investment to transform used capital to
提供机构：
美国国家经济研究局
创建时间：
2024-09-01
