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optimal monetary policy, euro area regions, asymmetric shocks, asymmetric price stickiness
news shocks, business cycles, VAR models
aggregate fluctuations, strategic complementarities, macroeconomic volatility, government spending
aggregate fluctuations, strategic complementarities, macroeconomic volatility, government spending
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Aggregate fluctuations, government spending, Macroeconomic volatility, strategic complementarities
optimal monetary policy, fiscal and monetary policy interaction
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