Central bank cooperation depends on a few crucial parameters: the extent to which central bankers agree on theory (end … institutional) to achieve their collective goals; and whether the broader political environment facilitates or impedes cooperation … backgrounds. These conditions may be conducive to high levels of cooperation in the future. Second, I explore the "easiest" form …

monetary and financial conditions shape the targets and tools of central bank cooperation? What factors influenced its … bank cooperation through history was ultimately directed to ensuring monetary and financial stability, the conception of … intensity of central bank cooperation was influenced by the state of international relations, the prestige and degree of …

against the cooperation of the central banks required by the game theoretic solution. Impact 4) excludes random events and …

private   agents being able to destabilise the exchange rate against the   cooperation of the central banks required by the …

macromodel of a monetary union, we prove that there is no Pareto-superior design when cooperation between policymakers is …

macromodel of a monetary union, we prove that there is no Pareto-superior design when cooperation between policymakers is …

This paper shows that, in a multi-country framework with government deficit spillovers, designing institutions that …

long run and in response to shocks, and we compare commitment under Nash competition and under cooperation. By deriving a … cooperation. …

-rate regime. Adaptation of institutions is thus needed: either cooperation or coordination may enhance European welfare. …