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"Monetary, Fiscal and Structural Policies with Heterogeneous Agents" (POLHIA)
Date du début: 1 nov. 2008, Date de fin: 31 oct. 2011,
"It is almost a commonplace that macroeconomic policies, if well conducted, are a stability-enhancing device. By providing a non-inflationary environment, they “keep in order” the backstage of a movie in which the actors -- firms and households – determine long run growth by means of saving/investment decisions. In this view aggregate outcomes can be improved upon by means of microeconomic or stru ...
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