Inequality, Fiscal Policy and COVID19 Restrictions in a Demand-Determined Economy
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We evaluate the effects of inequality, fiscal policy, and COVID19 restrictions in a model of economic slack with potentially rigid capital operating costs. Inequality has large negative effects on output, while also diminishing the effects of demand-side fiscal stimulus. COVID restrictions can
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美国国家经济研究局创建时间：
2020-06-01
