BARBIER-GAUCHARD, Amélie; BETTI, Thierry; DIANA, Giuseppe - Laboratoire de Recherche en Gestion (LaRGE), Institut … - 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...