Alloza, Mario; Ferdinandusse, Marien; Jacquinot, Pascal; … - 2020
(EMU), fiscal spillovers are relevant for the accurate assessment of the cyclical outlook in euro area countries, as well … within the euro area and investigates their magnitude using different models. In the context of Economic and Monetary Union … as in the debates on a coordinated change in the euro area fiscal stance and on a euro area fiscal capacity. The paper …