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Revisiting the Supply-Side Effects of Government Spending Under Incomplete Markets

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  • Vasia Panousi

    (MIT, Department of Economics)

  • George-Marios Angeletos

    (MIT, Department of Economics)

Abstract

plausible parametrizations, these effects can be quantitative significant.

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Bibliographic Info

Paper provided by Society for Economic Dynamics in its series 2007 Meeting Papers with number 545.

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Date of creation: 2007
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Handle: RePEc:red:sed007:545

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References

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  1. Baxter, Marianne & King, Robert G, 1993. "Fiscal Policy in General Equilibrium," American Economic Review, American Economic Association, vol. 83(3), pages 315-34, June.
  2. repec:fth:harver:1466 is not listed on IDEAS
  3. Covas, Francisco, 2006. "Uninsured idiosyncratic production risk with borrowing constraints," Journal of Economic Dynamics and Control, Elsevier, vol. 30(11), pages 2167-2190, November.
  4. Marco Cagetti & Mariacristina De Nardi, 2006. "Entrepreneurship, Frictions, and Wealth," Journal of Political Economy, University of Chicago Press, vol. 114(5), pages 835-870, October.
  5. Annette Vissing-J�rgensen & Orazio P. Attanasio, 2003. "Stock-Market Participation, Intertemporal Substitution, and Risk-Aversion," American Economic Review, American Economic Association, vol. 93(2), pages 383-391, May.
  6. George-Marios Angeletos & Laurent Calvet, 2003. "Idiosyncratic Production Risk, Growth, and the Business Cycle," NBER Working Papers 9764, National Bureau of Economic Research, Inc.
  7. Per Krusell & Anthony A. Smith & Jr., 1998. "Income and Wealth Heterogeneity in the Macroeconomy," Journal of Political Economy, University of Chicago Press, vol. 106(5), pages 867-896, October.
  8. Vincenzo Quadrini, 1997. "Entrepreneurship, saving and social mobility," Discussion Paper / Institute for Empirical Macroeconomics 116, Federal Reserve Bank of Minneapolis.
  9. William M. Gentry & R. Glenn Hubbard, 2000. "Entrepreneurship and Household Saving," NBER Working Papers 7894, National Bureau of Economic Research, Inc.
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Citations

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Cited by:
  1. Edouard Challe & Xavier Ragot, 2007. "Public spending shocks in a liquidity-constrained economy," Working Papers halshs-00587686, HAL.
  2. Benhima Kenza, 2010. "A Reappraisal of the Allocation Puzzle through the Portfolio Approach," Cahiers de Recherches Economiques du Département d'Econométrie et d'Economie politique (DEEP) 10.11, Université de Lausanne, Faculté des HEC, DEEP, revised May 2012.
  3. Herrera, Santiago & Vincent, Bruno, 2008. "Public expenditure and consumption volatility," Policy Research Working Paper Series 4633, The World Bank.
  4. Edouard Challe & Xavier Ragot, 2007. "Public spending shocks in a liquidity-constrained economy," PSE Working Papers halshs-00587686, HAL.
  5. Ragot, Xavier & Challe, Edouard, 2008. "Public Spending Shocks in a Liquidity Constrained Economy," Economics Papers from University Paris Dauphine 123456789/4075, Paris Dauphine University.
  6. Vasia Panousi, 2008. "Capital Taxation with Entrepreneurial Risk," 2008 Meeting Papers 36, Society for Economic Dynamics.

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