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The general equilibrium effects of fiscal policy: estimates for the euro area

  • Luca Sessa

    (Bank of Italy)

  • Libero Monteforte

    (Bank of Italy)

  • Lorenzo Forni

    (Bank of Italy)

contribute little to the cyclical variability of the main macro variables.

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Paper provided by Society for Economic Dynamics in its series 2007 Meeting Papers with number 352.

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Date of creation: 2007
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Handle: RePEc:red:sed007:352
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Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA

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  23. Pierpaolo Benigno & Michael Woodford, 2006. "Optimal Inflation Targeting Under Alternative Fiscal Regimes," Working Papers Central Bank of Chile 407, Central Bank of Chile.
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