Showing 1 - 10 of 450
Persistent link: https://www.econbiz.de/10005071547
This paper shows that international policy coordination is not counterproductive in a world where the incentive to run beggar-thy-neighbor policies internationally arises from the inefficiency that characterizes, within each country, the interaction between policymakers and private agents. The...
Persistent link: https://www.econbiz.de/10005778364
This paper shows that international policy coordination is not counterproductive in a world where the incentive to run beggar-thy-neighbor policies internationally arises from the inefficiency that characterizes, within each country, the interaction between policymakers and private agents. The...
Persistent link: https://www.econbiz.de/10005281385
Persistent link: https://www.econbiz.de/10010078817
Persistent link: https://www.econbiz.de/10002403819
Persistent link: https://www.econbiz.de/10002403832
Persistent link: https://www.econbiz.de/10002403837
Persistent link: https://www.econbiz.de/10002403842
This paper studies monetary policy games in a two-period Mundell-Fleming model, under a regime of managed exchange rates. A regime of managed exchange rates is defined as one where exchange rates are pegged but bilateral parities can be changed from time to time. The paper argues that such a...
Persistent link: https://www.econbiz.de/10005504262
This paper is a first attempt at evaluating the determinants of the total interest rate differentials on government bonds between high yielders, namely Spain, Italy, Sweden, and Germany. In particular, we address the question of the relative importance of local and global factors in the...
Persistent link: https://www.econbiz.de/10005504311