Income distribution, credit and fiscal policies in an agent-based Keynesian model
نویسندگان
چکیده
منابع مشابه
Income distribution, credit and fiscal policies in an agent-based Keynesian model
This work studies the relations between income distribution and monetary/fiscal policies using an credit-augmented version of the agent-based Keynesian model in Dosi et al. (2010). We model a banking sector and a monetary authority setting interest rates and credit lending conditions in a framework combining Keynesian mechanisms of demand generation, a Schumpeterian innovation-fueled process of...
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ژورنال
عنوان ژورنال: Journal of Economic Dynamics and Control
سال: 2013
ISSN: 0165-1889
DOI: 10.1016/j.jedc.2012.11.008