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Nationale, Sénat and Bundestag) on economic policies and institutions of the Eurozone. We find that French politicians are … at the European or Eurozone level, but are skeptical about the fiscal constraints of the Fiscal Compact. There is … widespread consensus across parties and countries that more investment at national levels is warranted. …
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This document analyses real-time revisions in output gap estimates published by the European Commission for 15 countries over the period 2002-2014. We find that output gap revisions (both in levels and changes) are mainly driven by GDP growth forecast errors. Also, output gap revisions have...
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at a time-varying VAR model of Italy's relative performance compared with the rest of the euro area, spanning from 1976 … ; Italy …
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