Multilateral Economic Cooperation and the International Transmission of Fiscal Policy

Giancarlo Corsetti and Gernot J. Müller, Globalization in an Age of Crisis: Multilateral Economic Cooperation in the Twenty-First Century (University of Chicago Press, 2013), chap. 7, https://www.nber.org/books-and-chapters/globalization-age-crisis-multilateral-economic-cooperation-twenty-first-century/multilateral-economic-cooperation-and-international-transmission-fiscal-policy.