Crespo Cuaresma, Jesús; Eller, Markus; Mehrotra, Aaron - 2011
importance of cross-country coordination of fiscal policies within the EU. All the CEE-5 respond to a fiscal expansion abroad …-border fiscal spillovers for Slovenia, the Czech Republic and Slovakia, while in Poland and Hungary, output reacts positively to a … Slovakia, while non-Keynesian responses are present in the Czech Republic, Poland and Slovenia. Our results imply that one …