| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14977 |
| DP14977 MPCs, MPEs and Multipliers: A Trilemma for New Keynesian Models | |
| Adrien Auclert; Matthew Rognlie | |
| 发表日期 | 2020-06-30 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | We show that New Keynesian models with frictionless labor supply face a challenge: given standard parameters, they cannot simultaneously match plausible estimates of marginal propensities to consume (MPCs), marginal propensities to earn (MPEs), and fiscal multipliers. A HANK model with sticky wages provides a solution to this trilemma. |
| 主题 | Monetary Economics and Fluctuations |
| 关键词 | Mpc Mpe Fiscal multipliers Hank |
| URL | https://cepr.org/publications/dp14977-0 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543921 |
| 推荐引用方式 GB/T 7714 | Adrien Auclert,Matthew Rognlie. DP14977 MPCs, MPEs and Multipliers: A Trilemma for New Keynesian Models. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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