Arora, Sanchit; Reicher, Claire - Institut für Weltwirtschaft (IfW) - 2014
important events: the signing of the Maastricht treaty in 1992 and the introduction of the EMU in 1999. Based on impulse …We study the evolution of the response of scal policy to monetary policy shocks in the EMU in the light of two … as complements after the introduction of the EMU. These results holds for a set of 11 non-EMU countries as well, which …