Annicchiarico, Barbara - 2004
Vergata”, e-mail: barbara.annicchiarico@uniroma2.it
3 European Central Bank, Fiscal Policies Division, e-mail: nicola …
electronic library at http://ssrn.com/abstract_id=569628.
those of the European Central Bank.
referee for which we are indebted … and suggestions. This paper has also benefited from detailed comments of an anonymous
© European Central Bank, 2004 …