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This paper builds a model-based dynamic monetary and fiscal conditions index (DMFCI) and uses it to examine the evolution of the joint stance of monetary and fiscal policies in the euro area (EA) and in its three largest member countries over the period 2007-2018. The index is based on the...
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policy announcements in Italy during the 2013-2019 period that saw the rise to power of populist parties. We focus on events …
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