Browsing Recerca: working papers, informes, etc. by Author "Desmet, Klaus"

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Browsing Recerca: working papers, informes, etc. by Author "Desmet, Klaus"

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  • Celentani, Marco; Conde, J. Ignacio; Desmet, Klaus (2002)
    We analyze risk sharing and fiscal spending in a two-region model with complete markets. Fiscal policy determines tax rates for each state of nature. When fiscal policy is decentralized, it can be used to affect prices ...

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