... experiment on the introduction and dif-fusion of cloud computing in the European economy. We focus on the impact on GDP, business creation and employment in the short term, that is after one year, and ... creationfor each country and each one of the aggregate sectors we took in consideration:manufacturing, wholesale and retail trade, hotels and restaurants, transport storage and communication and ... Commission.Gali, J., 2008, Monetary Policy, Inflation, and the Business Cycle, Princeton, Princeton Uni-versity Press.Ghironi, F. and M. Melitz, 2005, International Trade and Macroeconomic...