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fulfil their obligations under Article 24 and Article 25. In accordance with Article 16(2) of the ESMA Regulation, this paper …
Persistent link: https://www.econbiz.de/10011374902
We use a Vector Auto Regression (VAR) analysis to explore the (spill-over) effects of fiscal policy shocks in Europe. To enhance comparability with the existing literature, we first analyse the effects of these shocks at the national level. Here, we employ identification based on Choleski...
Persistent link: https://www.econbiz.de/10009636548