Bénassy-Quéré, Agnès (contributor); … - 2006
suggest that, in the Eu-
ropean Monetary Union, discretionary fiscal policy “surprises” (i.e. unexpected tax cuts and …/benefit systems and growth potential of the EU” (TAXBEN,
Project no. SCS8-CT-2004-502639), financed by the European Commission under … largest EU economies (France, United Kingdom,
Italy, Spain, Netherlands, Belgium, Austria), we include y
j
t
and er
j
t
in (3 …