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

Miguel Viegas and Ana Ribeiro

Journal of Macroeconomics, 2013, vol. 37, issue C, 146-160

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.

Keywords: Debt; Government budget composition; Heterogeneous agent model; Idiosyncratic shock; Inequality; Welfare (search for similar items in EconPapers)
JEL-codes: E17 E60 H60 I30 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jmacro:v:37:y:2013:i:c:p:146-160

DOI: 10.1016/j.jmacro.2013.05.005

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