Bénassy-Quéré, Agnès (contributor); … - 2005
a positive shock on the
EU25 aggregate (α = +1). The output gap of Group 1 countries (including the UK) is close
to that … on EU25
-0,03
-0,02
-0,01
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0,01
0,02
0,03
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r … to be those asking for the lowest rates of the EU25. In this case, a majority
of “old” Euro members can be better off …