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Artículo de revista ; En un contexto internacional de barreras arancelarias reducidas, la política comercial de la UE ha virado hacia la consecución de acuerdos comerciales bilaterales que promulgan la reducción tanto de las barreras no arancelarias como de aquellas barreras regulatorias que...
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We analyse the impact of fiscal policy shocks in the euro area as a whole, using a newly available quarterly dataset of fiscal variables for the period 1981-2007. To allow for comparability with previous results on euro area countries and the US, we use a standard structural VAR framework, and...
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This article surveys the literature on consumption risk sharing, focusing on the findings for the euro area and for the United States, but also presenting evidence for other countries. The literature examined found that risk sharing is higher in more mature federations, such as the United...
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