The Gains From International Monetary Cooperation Revisited

The Gains From International Monetary Cooperation Revisited
This paper examines the issue of whether countries can improve their welfare by coordinating macroeconomic policies. The main purpose is to compute the gains from international monetary cooperation as the difference between the steady state consumption levels associated with the Nash and the cooperative outcomes of the game in which monetary... READ MORE...

Publication date: January 2004
ISBN 9781451841664
$15.00

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