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Currently, if budget_balance=True, then all tax revenue is used for transfers. The model should allow for public goods spending, G!=0 in this specification. The current case will be a special case, where alpha_G=0.
The text was updated successfully, but these errors were encountered:
Currently, if
budget_balance=True
, then all tax revenue is used for transfers. The model should allow for public goods spending,G!=0
in this specification. The current case will be a special case, wherealpha_G=0
.The text was updated successfully, but these errors were encountered: