Export Subsidies and Interdependence in Euro Union: Beggar Thy Neighbor?

We examine the inter-linkages between economies in the European Monetary Union. We work through a baseline New Keynesian Model and include export subsidies into the analysis. Theoretically, it is plausible to have a beggar thy neighbor expansion of the core at the cost of periphery.


Issue Date:
May 24 2016
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/235701
Page range:
1-17
Total Pages:
17
JEL Codes:
E32; E42; F13; F41; F44; F45
Series Statement:
9929




 Record created 2017-04-01, last modified 2018-01-23

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