Giuliodori, Massimo (contributor); Beetsma, Roel (contributor) - 2004
expansive fiscal policy. We
extend the dynamic systems for the large economies by also including their imports from
other EU … EU countries. This effect on imports is tightly linked to the
influence that a fiscal expansion has on the national … other EU countries and their respective nominal exchange
rates during the pre-EMU period. The effects of a fiscal expansion …