The World of n Regions

  • Michael Carlberg


Fiscal policy. Let the regions be the same size and let them have the same behavioural functions. Consider for example fiscal policy in region 1. We assume that the effect on world income is


Monetary Policy Fiscal Policy Money Supply Small Country European Monetary Union 
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Copyright information

© Springer-Verlag Berlin Heidelberg 2000

Authors and Affiliations

  • Michael Carlberg
    • 1
  1. 1.Department of EconomicsFederal University of HamburgHamburgGermany

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