ORCID
Fundação Getúlio Vargas (FGV). Escola de Economia de São Paulo (EESP) (Institutional affiliation from the last research proposal) Birthplace: Itália
Pierluca Pannella in research grants and scholarships supported by FAPESP.
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In this paper, we investigate the potential use of public debt as a tool to alleviate misallocation in a Heterogeneous Agent model. The model has three main features: occupational choice, a credit constraint, and portfolio choice between two assets with different levels of liquidity. These features resemble common characteristics of the Brazilian economy; in fact, the first two have alrea…
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