<div class="csl-bib-body">
<div class="csl-entry">Rácz, Z. (2017). <i>Fiscal policy in the presence of an illiquid asset and household heterogeneity</i> [Master Thesis, Technische Universität Wien]. reposiTUm. https://doi.org/10.34726/hss.2017.46246</div>
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dc.identifier.uri
https://doi.org/10.34726/hss.2017.46246
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dc.identifier.uri
http://hdl.handle.net/20.500.12708/6840
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dc.description.abstract
The effect of fiscal policy greatly depends on how households react to different income shocks. In this paper, utilizing the model of Violante et al. (2015), I investigate the effects of several fiscal policy measures in the presence of heterogeneity among households who save in two kinds of assets, including an illiquid asset subject to adjustment costs.
en
dc.language
English
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dc.language.iso
en
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dc.rights.uri
http://rightsstatements.org/vocab/InC/1.0/
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dc.subject
heterogeneous agents
de
dc.subject
fiscal policy
de
dc.subject
macroeconomics
de
dc.title
Fiscal policy in the presence of an illiquid asset and household heterogeneity