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economy dynamic general equilibrium model. The model features the EA as a monetary union, split in two regions (Home and the … expansionary effects on the EA economy of a EA-wide tax reduction are enhanced if the EA monetary policy is accommodative …
Persistent link: https://www.econbiz.de/10012928551
that increasing euro area carbon taxes to an interim target level consistent with the transition to a net-zero economy …
Persistent link: https://www.econbiz.de/10014354636
of the economy such as the share of liquidity-constrained households change, and the endogenous fiscal rule that ensures …
Persistent link: https://www.econbiz.de/10013026620
response. To do so, we use a unified modelling framework: The Euro Area and the Global Economy (EAGLE) model. Furthermore …
Persistent link: https://www.econbiz.de/10013323904
Differences in labour market institutions and regulations between countries of the monetary union can cause divergent responses even to a common shock. We augment a multi-country model of the euro area with search and matching framework that differs across Ricardian and hand-to-mouth households....
Persistent link: https://www.econbiz.de/10014258210