Browsing Recerca: working papers, informes, etc. by Author "Vallés, Javier"

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Browsing Recerca: working papers, informes, etc. by Author "Vallés, Javier"

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  • Galí, Jordi; López-Salido, J. David; Vallés, Javier (2002)
    Recent evidence suggests that consumption rises in response to an increase in government spending. That finding cannot be easily reconciled with existing optimizing business cycle models. We extend the standard new Keynesian ...

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