Two working papers on spillover effects

Where does a German demand expansion dissipate to? Does it reach the countries that need it most in Europe (Italy, Spain, Greece, Portugal)?
Hosted on the website of the IMKLink

How much could a coordinated European policy that includes a demand expansion of countries with a current account surplus contribute to an upswing in the Southern European nations?
Hosted on the website of the IMKLink

 

 

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