Cross-border spill-overs from fiscal stimulus in a monetary union
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DOI: 10.1016/j.econmod.2017.05.010
Abstract: We analyse domestic and cross-border effects of fiscal policy in a two-region business cycle model of a monetary union. Without relying on debt consolidation via spending reversals along the lines of Corsetti, Meier and Mueller… read more here.
Keywords: cross border; border spill; monetary union; border ... See more keywords