This paper presents a dynamic stochastic general equilibrium model with nominal rigidities, capital accumulation and finite horizons. Our New Keynesian framework exhibits intergenerational wealth effects and is intended to investigate the macroeconomic implications of fiscal policy, which is...

We derive bounds for the average of math and language scores of elementary school students in Italy correcting for pervasive score manipulation. Information on the fraction of manipulated data is retrieved from a natural experiment that randomly assigns external monitors to schools. We show how...

Reliable measures of poverty are an essential statistical tool for public policies aimed at reducing poverty. In this paper we consider the reliability of income poverty measures based on survey data which are typically plagued by missing data and measurement error. Neglecting these problems can...