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?

Agent-based models · Derivation

Fiscal Policy & Inequality ABM mechanics: assumptions and equations

Trace the Fiscal Policy & Inequality ABM mechanics through assumptions, notation, equations, and failure cases.

Macro by Mark

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