International Policy Coordination and Simple Monetary Policy Rules

This paper studies the optimal design of monetary policy in an optimizing two-country sticky price model. We suppose that the production sequence of final consumption goods stretches across both contries and is associated with vertical trade. Prices of final consumption goods are sticky in the consumer´s currency...

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Year of publication:	2008-10-01
Authors:	Berger, Wolfram ; Wagner, Helmut
Institutions:	Fernuniversität <Hagen> / Fakultät für Wirtschaftswissenschaft
Subject:	Preispolitik \| pricing policy \| Herstellungskosten

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Extent:	262144 bytes 29 p. application/pdf
Series:	Fern Universität - Fakultät Wirtschaftswissenschaft - Diskussionsbeiträge Discussion Paper ; No. 434 (2008)
Type of publication:	Book / Working Paper
Language:	English
Classification:	E52 - Monetary Policy (Targets, Instruments, and Effects) ; E58 - Central Banks and Their Policies ; F41 - Open Economy Macroeconomics ; F42 - International Policy Coordination and Transmission ; Terms and pricing policy ; Consumer behaviour ; Individual Working Papers, Preprints ; No country specification
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10009022098