MONETARY UNIONS: THE POLICY COORDINATION ISSUE

In this paper we build a three-country dynamic model of a monetary union (MU), where we focus on how coalitions among policy-makers are formed and what are their effects on the stabilization of output and price. Some preliminary results based on numerical simulations are provided.

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Year of publication:	2005-04-16
Authors:	Bartolomeo, Giovanni Di ; Engwerda, Jacob ; Plasmans, Joseph ; Aarle, Bas van
Institutions:	EconWPA
Subject:	Macroeconomic stabilization \| coalitions \| LQ differential games

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Extent:	application/pdf
Series:	Macroeconomics.
Type of publication:	Book / Working Paper
Notes:	Type of Document - pdf; pages: 6 6 pages
Classification:	E - Macroeconomics and Monetary Economics
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005126205