NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Fiscal Divergence and Business Cycle Synchronization: Irresponsibility is Idiosyncratic

Zsolt Darvas, Andrew K. Rose, Gyorgy Szapary

Chapter in NBER book NBER International Seminar on Macroeconomics 2005 (2007), Jeffrey Frankel and Christopher Pissarides, editors (p. 261 - 298)
Conference held June 17-18, 2005
Published in May 2007 by MIT Press
in NBER Book Series NBER International Seminar on Macroeconomics

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This chapter first appeared as NBER working paper w11580, Fiscal Divergence and Business Cycle Synchronization: Irresponsibility is Idiosyncratic, Zsolt Darvas, Andrew K. Rose, György Szapáry
Commentary on this chapter:
  Comment, Roberto Rigobon
  Comment, Lucrezia Reichlin
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