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We present an agent-based computational model in which bounded rational firms and workers trade on fully decentralized markets for final goods and labor by means of random matching protocols. The model replicates several macroeconomic phenomena regularly observed in the data, with aggregate...
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This paper compares the effectiveness of different fiscal policy instruments-carbon pricing, fiscal incentives for private green investments, and public green investment-in supporting a green recovery that is also fiscally sustainable. It argues that relying on carbon pricing or green...
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