Economic theory and empirical evidence clearly show that social exclusion dimensions are inter-related. Notwithstanding …

responses to an aggregate fiscal multiplier using a multi-region, New Keynesian model with heterogeneous agents, incomplete … markets, and trade linkages. Our model is consistent with the estimated positive local multiplier, a result that distinguishes … multiplier is twice as large as the local multiplier because trade linkages propagate the effect of government spending across …

that on investment wears out in the second year. The impact multiplier for income implies a substantial increase in income … due to remittances through the multiplier process. The remittances-induced output growth rate is highest during the early …

. Together the two effects generate a cumulative process that adds up to a social multiplier explaining how equality multiplies … spending) we test the main predictions of the model and identify a sizeable magnitude of the equality multiplier. We obtain …

-parametric estimation of single-spell duration models. Section 5 sets forth the main definitions for point and counting processes. Section 6 …