Series: IMF Working Papers
Author(s): Era Dabla-Norris , Pietro Dallari , and Tigran Poghosyan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 November 2017
Keywords: Fiscal Spillovers; Bayesian Methods; Fiscal Multipliers, Panel VAR, Fiscal Spillovers, Bayesian Methods, Fiscal Multipliers, Bayesian Analysis, Models with Panel Data
We estimate a panel VAR model that captures cross-country, dynamic interlinkages for 10 euro area countries using quarterly data for the period 1999-2016. Our analysis suggests that fiscal spillovers are significan...