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Welfare-improving government behavior and inequality in a heterogeneous agents model

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  • Viegas, Miguel
  • Ribeiro, Ana Paula

Abstract

Government’s behavior is expected to be non-neutral in terms of impacts on both welfare and inequality. It is acknowledged in most literature that fiscal policy often involves trade-offs between economic growth and inequality.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Macroeconomics.

Volume (Year): 37 (2013)
Issue (Month): C ()
Pages: 146-160

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Handle: RePEc:eee:jmacro:v:37:y:2013:i:c:p:146-160

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Web page: http://www.elsevier.com/locate/inca/622617

Related research

Keywords: Debt; Government budget composition; Heterogeneous agent model; Idiosyncratic shock; Inequality; Welfare;

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