Publication
Nov 2001
This report examines the impact of a fiscal expansion in one EU member state on other countries in the Euro area. It reviews the results from four major macroeconomic models which show that cross-country spillover effects of fiscal policy are of uncertain sign and magnitude. The authors of this paper find that different models give quite different results.
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English (PDF, 33 pages, 107 KB) |
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Author | Daniel Gros, Alexander Hobza |
Series | CEPS Working Documents |
Issue | 176 |
Publisher | Centre for European Policy Studies (CEPS) |
Copyright | © 2001 Centre for European Policy Studies (CEPS) |