Showing 1 - 10 of 36
Persistent link: https://www.econbiz.de/10001626946
Persistent link: https://www.econbiz.de/10001053615
Persistent link: https://www.econbiz.de/10001332304
This paper studies the design of the policy mix in a monetary union, that is, the institutional arrangement specifying the relationships between the various policymakers present in the union and the extent of their capacity of action. It is assumed that policymakers do not cooperate. Detailing...
Persistent link: https://www.econbiz.de/10012219885
This paper offers a framework to study commitment and cooperation issues in games with multiple policymakers. To reconcile some puzzles in the recent literature on the nature of policy interactions among nations, we prove that games characterized by different commitment and cooperation schemes...
Persistent link: https://www.econbiz.de/10003714812
Persistent link: https://www.econbiz.de/10003732155
Persistent link: https://www.econbiz.de/10003796562
"This paper studies the effects of monetary policy rules in a monetary union. The focus of the analysis is on the interaction between the fiscal policy of member countries (regions) and the central monetary authority. When capital markets are integrated, the fiscal policy of one country will...
Persistent link: https://www.econbiz.de/10003867072
Persistent link: https://www.econbiz.de/10003881995
Persistent link: https://www.econbiz.de/10003960561