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2016•Economic ModellingRequires access

Can monetary policy fully stabilize pure demand shocks in a monetary union with a fiscal leader?

Georgios Chortareas, Christos Mavrodimitrakis

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Key concepts: Economics, Fiscal union, Fiscal policy, Inflation (cosmology), Monetary economics, Monetary policy, Macroeconomics, Demand shock

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Can monetary policy fully stabilize pure demand shocks in a monetary union with a fiscal leader? — Research Paper | ScholarLens