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Growth-friendly fiscal strategies for the Czech economy

Publikace

Tento text není v aktuálním jazyce dostupný. Zobrazuje se verze "en".Abstrakt

Departing from the Czech National Bank's current g3 forecasting model, I build a DSGE model with comprehensive fiscal sector. Several features that are often neglected in the mainstream DSGE literature are incorporated, e.g. allowing government consumption and government capital to be productive.