Search Results for unobserved heterogeneity

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We estimate the average fiscal multiplier, allowing multipliers to be heterogeneous across...

This paper examines dynamic patterns of investment in Cameroon, Ghana, Kenya, Zambia and...

Why did the Great Recession lead to such a slow recovery? I build a model where ...

Assessing the magnitude of the output gap is critical to achieving an optimal policy mix....

Mozambique's inflation rate was consistently high until 1995, and then plunged in 1996 to 17...

The linearity of the relationship between income inequality and economic development has ...