One scheme fits all : a central fiscal capacity for the EMU targeting eurozone, national and regional shocks
Year of publication: |
2024
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Authors: | Beetsma, Roel ; Cimadomo, Jacopo ; Spronsen, Josha van |
Published in: |
European economic review : EER. - Amsterdam : Elsevier, ISSN 1873-572X, ZDB-ID 1460589-2. - Vol. 165.2024, Art.-No. 104721, p. 1-26
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Subject: | Bayesian inference | Central fiscal capacity | Euro area | Macroeconomic stabilisation | Multilevel factor model | Eurozone | EU-Staaten | EU countries | Finanzpolitik | Fiscal policy | Schock | Shock | Europäischer Stabilitätsmechanismus | European Stability Mechanism | Bayes-Statistik | VAR-Modell | VAR model |
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