Goux, Jean-François - In: Revue d'économie politique 116 (2006) 1, pp. 91-107
From a parsimonious model of the euro zone, we consider a VAR model. The influence of the various structural economic shocks can then be simulated. The results are in conformity with the lessons of the economic theory and show, in particular, that the activity of the euro zone is very sensitive...