Giuliodori, Massimo; Beetsma, Roel - 2004
Vector Auto Regression (VAR) analysis to explore the (spill-over) effects of
fiscal policy shocks in Europe. To enhance … investigate the
possibility of enhanced fiscal coordination.
Keywords: Fiscal shocks, fiscal policy, monetary policy, spill … national level has been shifted towards fiscal policy. Given the potentially larger role
for fiscal stabilisation policies and …