Barrell, Ray; Hurst, Dr Ian - National Institute of Economic and Social Research - 2000
Given the increase in world economic integration we wish to examine whether there is a case for coordinating monetary … policy across some of the major economies. In late 1998 and early 1999, US monetary policy responded to global economic …'s World econometric model, NiGEM, in order to evaluate independently set monetary policy where domestic considerations remain …