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This paper develops a multi-country post-Kaleckian demand-led growth model that incorporates the role of the government. One novelty of this paper is to integrate crosscountry effects of both changes in income distribution and fiscal policy. The model is used to estimate econometrically the...
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We investigate the firm level investment responses to narrative shocks to average personal and corporate tax rates …
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This paper aims to identify the effect of fiscal and monetary policy on private investment in Vietnam, a transition … relationship between the policy variables and private investment. In the long run, the estimated result shows that the government … expenditure and money supply have positive and significant impacts on private investment, however, the exchange rate has a …
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