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 · Sources
Fiscal Policy & Inequality ABM sources, papers, and evidence trail
Primary papers, model variants, source notes, and review signals behind the Fiscal Policy & Inequality ABM page.
References
Primary and official sources
First-party releases, central-bank materials, official statistical agencies, and institutional documents.
[S1] Bank of England
Haldane and Turrell (2018) -- drawing on different disciplines, including ABM, for macroeconomic policy at the Bank of England
Primary - Bank of England
Reference sources
Reference material used for orientation; read primary and academic sources first when claims conflict.
[S2] Reference
Dosi et al. (2013) -- income distribution, credit, and fiscal policies in an agent-based Keynesian model (K+S framework)
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[S3] Reference
Russo et al. (2016) -- increasing returns, fiscal multipliers, and demand-driven growth in the K+S model
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[S4] Reference
Caiani et al. (2016) -- stock-flow consistent agent-based model with fiscal and monetary policy interaction
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[S5] Reference
Dosi and Roventini (2019) -- survey of macro ABMs with sections on fiscal policy and inequality
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[S6] Reference
Dawid et al. (2018) -- Eurace@Unibi with fiscal modules including regional transfers and EU-style structural funds
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[S7] Reference
Stiglitz and Gallegati (2011) -- heterogeneous interacting agents and macroeconomic performance, theoretical foundation for inequality-macro link
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