Konu "State-dependence" için İktisat Bölümü Koleksiyonu listeleme
Toplam kayıt 1, listelenen: 1-1
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Fiscal spending multipliers over the household leverage cycle
(Elsevier, 2022)This paper investigates household leverage-dependent fiscal policy effects in a two-agent New Keynesian DSGE model with occasionally binding borrowing constraints. Our model successfully replicates empirical evidence ...