Politico-economic inequality and the comovement of government purchases

This paper explores the implications of economic and political inequality for the comovement of government purchases with macroeconomic fluctuations. We set up and compute a heterogeneous-agent neoclassical growth model, where households value government purchases which are financed by income taxes....

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Bibliographic details
Volume: 16
Main Author: Bachmann, Rüdiger
Bai, Jinhui H
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: SAN DIEGO Elsevier Inc 01.10.2013
ACADEMIC PRESS INC ELSEVIER SCIENCE
Elsevier B.V
published in: Review of economic dynamics Vol. 16; no. 4; pp. 565 - 580
Data of publication: October 2013
ISSN: 1094-2025
1096-6099
EISSN: 1096-6099
Discipline: Economics
Subjects:
E62
E30
H30
E32
E60
Online Access: available in Bonn?
Database: Web of Knowledge
Social Sciences Citation Index
Web of Science
Web of Science - Social Sciences Citation Index - 2013
CrossRef
Academic OneFile (A&I only)
Database information Databases - DBIS