Showing 1 - 9 of 9
Persistent link: https://www.econbiz.de/10005607351
From the policy mix theory to the related empirical works, quantifying the degree of coordination of monetary and … activity. The econometric analysis provides empirical evidence that good coordination of monetary and fiscal policy reduces the …
Persistent link: https://www.econbiz.de/10011220300
From the policy mix theory to the related empirical works, the quantification of the coordination of monetary and … activity. The econometric analysis provides empirical evidence that good coordination of monetary and fiscal policies reduces …
Persistent link: https://www.econbiz.de/10011251899
. Several contributions show that, on one side, a higher coordination in the bargaining process could increase labour market …
Persistent link: https://www.econbiz.de/10004998818
The unconventional monetary policies (UMPs) pursued by the advanced economies (AEs) have posed macroeconomic challenges for the emerging market economies (EMEs) through volatile capital flows and exchange rates. AE central banks need to acknowledge and appreciate the spillovers resulting from...
Persistent link: https://www.econbiz.de/10010790334
objectives of EU economic policy, the Stability and Growth Pact, other EU coordination processes, and the relationship between … ECB credibility and fiscal policy. The conclusion is that although the problem of monetary and fiscal policy co-ordination …
Persistent link: https://www.econbiz.de/10005673472
Persistent link: https://www.econbiz.de/10005078107
through the trade. This mutual relationship between two countries can be expressed by the Nash-equilibrium in the Game theory …
Persistent link: https://www.econbiz.de/10005029399
Search models of monetary exchange have typically relied on Nash (1950) bargaining or strategic games that yield an equivalent outcome to determine the terms of trade. By considering alternative axiomatic bargaining solutions in a simple search model with divisible money, we show how this choice...
Persistent link: https://www.econbiz.de/10005428388