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This paper quantitatively assesses the macroeconomic effects of the recently agreed U.S. bipartisan infrastructure … spending bill in a neoclassical growth model. We add to the literature by considering a more detailed tax structure, different … types of infrastructure spending and linkages between the final and intermediate goods sectors. We find that infrastructure …
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. For this purpose, we use a trans-logarithmic cost function which includes infrastructure’s services as a quasi-fixed free …
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