Asset liquidity and fiscal consolidation programs

We argue that the relationship between wealth inequality and fiscal multipliers depends crucially on the type of fiscal experiment used as well as on the measure of the wealth distribution. We calibrate an incomplete-markets, overlapping generations model to different European economies and use Hous...

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Bibliographic Details
Main Author: Bernardino, Tiago (author)
Format: masterThesis
Language:eng
Published: 2019
Subjects:
Online Access:http://hdl.handle.net/10362/66785
Country:Portugal
Oai:oai:run.unl.pt:10362/66785