Ba´nkowski, Krzysztof; Ferdinandusse, Marien; … - 2021
Generation EU (NGEU) instrument. NGEU allows the European Commission to issue debt to finance grants and loans to EU Member … assesses the macroeconomic impact on the euro area of different uses of NGEU, using a large dynamic stochastic general … equilibrium (DSGE) model of the euro area and global economy (EAGLE) that has been adapted to reflect the modalities of the NGEU …