Andersen, Torben M. (contributor) - 2003 - [Elektronische Ressource]
by an expansionary fiscal policy
and a contractionary monetary policy (1998, 2000) or the reverse (1999), see,
e.g. EU …, Debrun and Klaassen (2001).
3
Since the consolidated trade share for EU is about 10% of GDP this assumption is a
reasonable … rigidity.
REFERENCES
Andersen, T.M., 2001, European Integration — A Downward Bias in Employ-
ment Oriented Policies?, CES …