Barbier-Gauchard, Amélie; Betti, Thierry; Diana, Giuseppe - Bureau d'Économie Théorique et Appliquée (BETA), … - 2015
Using a two-country DSGE model, we analyze the spillover effects of fiscal policy in a monetary union. Based on a non-Walrasian labor market and a detailed fiscal sector, our analysis focuses on the relative cross-border effects of different kinds of fiscal instruments (expenditure side and...