This study examines how economic inequality influences the effectiveness of fiscal policy using a three-agent New Keynesian DSGE model with incomplete financial markets. The findings suggest that economies with a high share of liquidity-constrained households exhibit larger fiscal multipliers...

This study examines how economic inequality influences the effectiveness of fiscal policy using a three-agent New Keynesian DSGE model with incomplete financial markets. The findings suggest that economies with a high share of liquidity-constrained households exhibit larger fiscal multipliers...

This study examines the effectiveness of internal corporate governance mechanisms (ICGMs) in managing non-performing loans (NPLs) in listed banks within an emerging economy, specifically Bangladesh. We focus on addressing dynamic endogenous bias, which has often been overlooked in prior studies....