This paper develops a multi-country post-Kaleckian model that incorporates the role of the government. One key novelty of the model is that it integrates cross-country effects of both changes in income distribution and fiscal policy. The model is used to estimate econometrically the effects of income distribution and fiscal policy on the components of aggregate demand and the budget balance in EU15 countries. The results show that a simultaneous increase in the wage share in all EU15 countries would increase demand and the primary budget balance in all countries. A simultaneous increase in government spending turns out to boost economic activity in all the EU15 countries, indicating the positive economic effects of expansionary fiscal policy. Moreover, a progressive tax policy that would be implemented simultaneously at the EU level would lead to an increase in output in all countries.

中文翻译：

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收入分配和财政政策对总需求、投资和预算平衡的影响：欧洲案例1

本文开发了一个包含政府角色的多国后卡莱克模型。该模型的一个关键新颖之处在于它整合了收入分配和财政政策变化的跨国影响。该模型用于计量经济学估计收入分配和财政政策对欧盟 15 国总需求和预算平衡的组成部分的影响。结果表明，同时增加所有欧盟 15 国的工资份额将增加所有国家的需求和基本预算平衡。结果证明，同时增加政府支出会促进所有欧盟 15 国的经济活动，表明扩张性财政政策对经济产生积极影响。而且，