certificate focus on seller inputs such as fast shipping, or include output measures such as consumer ratings? In theory …

transparency is optimal. This is because more transparency facilitates more effective coordination, which is valuable from a social … ambiguity becomes optimal if there is a high risk that more transparency will lead to coordination failures …

We develop a political-economy model of economic union and compare the competion regime to the coordination regime. Key … of migration. We argue that the differences between the U.S. and the EU - the degree of coordination among the member …

need for policy coordination: the specific choice of monetary policy limits the set of fiscal policies consistent with …

data. We argue that coordination problems and multiple equilibria are the keys to explaining inflation persistence. We …

This paper examines issues in the current debate over coordination between fiscal and monetary policies. Section I1 … uses the traditional targets-instruments approach to assess the potential gains from greater coordination. Since greater … coordination is often equated with looser money and tighter fiscal policy, two econometric models of the economy are used to …

rankings is largest when the candidates have the same political orientation (making coordination relatively more important and … desirable), but it remains strong when two candidates only qualify for the second round (and there is no need for coordination …). Overall, our evidence suggests that both coordination and bandwagon effects are important drivers of the behavior of …