Fiscal multipliers, expectations and learning in a macroeconomic agent‐based model.

This paper evaluates the government expenditure multiplier and the influence of agents' expectations and consumption choices thereupon in a pre‐existing estimated macroeconomic agent‐based model. If the simple consumption heuristic of the baseline model is replaced by inter‐temporal optimization sub...

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Bibliographic Details

Published in:	Economic Inquiry Vol. 60; no. 4; pp. 1704 - 1730
Format:	Article
Published:	Wiley-Blackwell Oct2022
Subjects:	Consumption (Economics) Public spending Income Budget Macroeconomic models
Online Access:	View this record in EBSCOhost