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Sponsored Design Multi-Agent AI Systems Using MCP and A2A: Engineer your own Pyt Design Multi-Agent AI Systems Using MCP and A2A: Engineer your own Pyt

Author

Matteo Gatto

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Oct 2026

Fiscal sustainability when public debt is high: The role of portfolio liquidity

This paper studies how the prevailing level of public debt shapes the transmission of fiscal and monetary policy shocks in a tractable heterogeneous three-agent New Keynesian model. When households rely on the liquidity services of government bonds to self-insure against idiosyncratic risk, higher public indebtedness a...

C. Cantore, Matteo Gatto, Francesco Saverio Gaudio et al. · 0 citations

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