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Macroeconomic model reference

Fiscal Policy & Inequality ABM Model

How do progressive taxation, targeted transfers, and public investment interact with household-level income heterogeneity and heterogeneous marginal propensities to consume to shape aggregate demand, growth, and the size of fiscal multipliers?

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Fiscal Policy & Inequality ABM graph: parameters, shocks, and readouts

Use the Fiscal Policy & Inequality ABM graph to move parameters, inspect shocks, and read the model outputs that change.

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Concepts, data, and nearby models

Open the concept, data series, policy setting, or neighboring model that anchors this page.

Concepts

Income distributionFiscal policyConsumption and saving

Indicators

Real GDPgdp.realUnemployment ratelabor.unemployment.rate

Policy

Fiscal policyLabor-market stabilization

Nearby models

Household ABMLabor-market ABMLife-cycle model
Macro by Mark

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