Bénassy-Quéré, Agnès (contributor); … - 2006
rates and, in a monetary
union, on the sensitiveness of private investment and consumption to the common interest
rate. The … expansions in government consumption and investment, have become progres-
sively less successful in stimulating the economic …, Section 6 proposes a battery of robustness
checks, Section 7 shows a comparison between fiscal VAR and FAVAR models and …