📝 [Working paper] The size of the #fiscal multiplier depends...

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banquedefranceBanque de France139432940540567961705/17/2021 - 18:30📝 [Working paper] The size of the #fiscal multiplier depends both on home bias and currency mismatch. Theoretical demonstration based on a real two-country #DSGE model with financial frictions and debt denominated in foreign #currency. #BdFeco 👇 https://t.co/VLohKP08QN
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