Evers, Michael P. (contributor) - 2007
Coordination ; General Short-Run Monetary Policy ; Distorting Fiscal Policy ; Beggar-Thy-Neighbor ; New Open Economy Macroeconomics … a simple and tractable dynamic stochastic two-country sticky-wage model in line with the recent New Open Economy … Macroeconomics it is demonstrated that potential gains from international policy coordination are squandered if policymakers only …