Resende, Carlos de; Lalonde, René; Snudden, Stephen - Bank of Canada - 2010
fiscal policy concerns: (i) how the effect of an isolated local fiscal stimulus differs from one jointly implemented in all … regions; (ii) which regions are most likely to gain from joint fiscal stimuli, and why; (iii) how the impact of fiscal … stimulus can differ conditional on how it is implemented, its timing and duration, and its magnitude relative to that of other …