policy at home or abroad because the dollar is the world's key currency country. Both at home and abroad, the main problem …

In this paper, we study the effects of interregional spillovers from the government spending component of the American …. Among pairs of subregions, we find evidence of fiscal policy spillovers. For example, $1 of Recovery Act spending in a large … dynamic equilibrium trade model with interregional commuting capable of propagating these spillovers across regions. …