Bofinger, Peter (contributor); Mayer, Eric (contributor) - 2004 - [Elektronische Ressource]
version of a New Keynesian Macro Model to a monetary
union. For a similar approach see Uhlig (2002). We will show in …
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1 INTRODUCTION
In this paper we apply a static version of a New Keynesian macromodel a la (Clarida, Gali,
and … version of a New Keynesian macromodel. First we see that fiscal authorities have a
stabilization task in response to demand …