Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10008656273
We utilize an overlapping generations model with endogenous production and incomplete markets to quantify the distortionary costs associated with financing the increase in government expenditures directed to investments in the private sector in 2008 and 200 (a.k.a. ‘the bailout'), and its...
Persistent link: https://www.econbiz.de/10013142692