U.S.-Europe Economic Interdependence and Policy Transmission


This paper proposes a microfounded general equilibrium model of the U.S. and European economies suitable for analyzing the transmission of monetary and fiscal policy shocks between the U.S. and Europe. The focus is on understanding the determinants of transatlantic economic interdependence. A positive analysis of the consequences of policy changes in the U… (More)


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@inproceedings{Ghironi1998USEuropeEI, title={U.S.-Europe Economic Interdependence and Policy Transmission}, author={Fabio Ghironi and Stefan Palmqvist and David H. Romer and Andy Rose and Matt Canzoneri and Behzad Diba and Barry Eichengreen and Francesco Giavazzi and Peter Kenen and Paolo A. Pesenti and Ken Rogoff and Ilya Segal and Oliver E. Williamson}, year={1998} }