Welfare-improving government behavior and inequality in a heterogeneous agents model

• Tipo: Artigo em Revista Científica Internacional
• Data: 2013

Autores

Miguel Viegas (Autor) FEP; Ana Ribeiro (Autor) FEP

Revista

Título: Journal of Macroeconomics

Vol. 37

Páginas: 146-160

ISSN: 0164-0704

Editora: Elsevier

Indexação

ISI Web of Knowledge - 5 Citações

ISI Web of Science

Scopus - 6 Citações

Classificação Científica

FOS: Ciências sociais > Economia e gestão

CORDIS: Ciências Sociais > Economia

Outras Informações

ID Authenticus: P-006-7QK

DOI: 10.1016/j.jmacro.2013.05.005

Abstract (EN): Government's behavior is expected to be non-neutral in terms of impacts on both welfare and inequality. It is acknowledged in most literature that fiscal policy often involves trade-offs between economic growth and inequality. By applying an equilibrium model with heterogeneous agents, capable of exploring the relationship between fiscal policy variables and the endogenous cross-section distribution of income, wealth, consumption and leisure, this paper aims at assessing (i) the optimal menu of government expenditures as well as of (ii) their inter-temporal financing. These are key issues in times of fiscal imbalances and their correction is dominating the current (European) policy agenda.

Idioma: Inglês

Tipo (Avaliação Docente): Científica

Nº de páginas: 15