What have we learned from linked econometric models? A comparison of fiscal-policy simulations by A.V DEARDORFF, R.M. STERN

“…In the present work, the authors take a further look at some of these simulation results, with the objective of evaluating the contribution that they have made to understanding the international economy. Specifically, the linked simulation results are compared with a set of very simple calculations made of the international transmission effects of fiscal policy.   …”
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