Fiscal Divergence and Business Cycle Synchronization: Irresponsibility is Idiosyncratic

Darvas, Zsolt; Rose, Andrew K; Szapary, Gyorgy

Fiscal Divergence and Business Cycle Synchronization: Irresponsibility is Idiosyncratic

(543 K)

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

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

This paper is available as PDF (543 K) or via email.

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Fiscal Divergence and Business Cycle Synchronization: Irresponsibility is Idiosyncratic

Zsolt Darvas, Andrew K. Rose, Gyorgy Szapary

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