Competing Coalitions in International Monetary Policy Games

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Publisher :
ISBN 13 :
Total Pages : 27 pages
Book Rating : 4.:/5 (847 download)

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Book Synopsis Competing Coalitions in International Monetary Policy Games by : Marion Kohler

Download or read book Competing Coalitions in International Monetary Policy Games written by Marion Kohler and published by . This book was released on 2004 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Coalitions in International Monetary Policy Games

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Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Coalitions in International Monetary Policy Games by : Marion Kohler

Download or read book Coalitions in International Monetary Policy Games written by Marion Kohler and published by . This book was released on 1996 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Coalition Formulation in International Monetary Policy Games

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (847 download)

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Book Synopsis Coalition Formulation in International Monetary Policy Games by : Marion Kohler

Download or read book Coalition Formulation in International Monetary Policy Games written by Marion Kohler and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Coalition in International Monetary Policy Games

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (134 download)

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Book Synopsis Coalition in International Monetary Policy Games by : Kohler

Download or read book Coalition in International Monetary Policy Games written by Kohler and published by . This book was released on 1996 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Coalition Formation in International Monetary Policy Games

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Coalition Formation in International Monetary Policy Games by : Marion Kohler

Download or read book Coalition Formation in International Monetary Policy Games written by Marion Kohler and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is well known from the analysis of monetary policy coordination of two countries that coordination often Pareto-dominates the outcome of the non-cooperative game. Hence both countries will have an incentive to form a union when it is certain that the other country will also join. However, in an n-country model, free-riding incentives restrict the size of a stable coalition to less then n countries. Since the coalition members are bound by the union's discipline, an outsider can successfully export inflation without fearing that the insiders will try to do the same. The formation of a large currency bloc is not sustainable since it would impose too much discipline on all participants. However, the co-existence of several smaller currency blocs may be a second-best solution to the free-riding problem of monetary policy coordination.

Monetary Policy in Interdependent Economies

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Publisher : MIT Press
ISBN 13 : 9780262031783
Total Pages : 196 pages
Book Rating : 4.0/5 (317 download)

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Book Synopsis Monetary Policy in Interdependent Economies by : Matthew B. Canzoneri

Download or read book Monetary Policy in Interdependent Economies written by Matthew B. Canzoneri and published by MIT Press. This book was released on 1991 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monetary Policy in Interdependent Economies provides the first comprehensive overview of the implications of using game theory to analyze interactions among national monetary policymakers. It synthesizes the pessimistic view of sovereign policymaking that results from the analysis of one-shot games with the optimistic view derived from the analysis of quid pro quo strategies in repeated games. Good outcomes, the authors conclude, require coordination among noncooperative policymakers, and that sometimes policymakers, must be forced to cooperate. They suggest two roles for supranational institutions such as the International Monetary Fund: the IMF can provide a forum where noncooperative policymakers, can work to achieve good outcomes, and it can police agreements among cooperative policymakers Canzoneri and Henderson take clear stands on controversial issues and make recent advances in game theory accessible by using a single unified framework to explain a wide range of concepts. They begin by analyzing one-shot interactions between two policymakers, In subsequent chapters they extend their analysis to allow for more policymakers, and coalitions, for repeated interactions among policymakers, and for the possibility of time inconsistency. Matthew B. Canzoneri is Professor of Economics at Georgetown University. Dale W. Henderson is Assistant Director, Division of International Finance, Board of Governors of the Federal Reserve System.

Quantitative Economic Policy

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Publisher : Springer Science & Business Media
ISBN 13 : 3540746846
Total Pages : 386 pages
Book Rating : 4.5/5 (47 download)

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Book Synopsis Quantitative Economic Policy by : Reinhard Neck

Download or read book Quantitative Economic Policy written by Reinhard Neck and published by Springer Science & Business Media. This book was released on 2008-03-04 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: Econometric techniques and models are still being extensively used in the business of forecasting and policy advice. This book presents recent advances in the theory and applications of quantitative economic policy, with particular emphasis on fiscal and monetary policies in a European and global context. The volume honors Andrew Hughes Hallett, a pioneer and major scientist in quantitative economic policy analysis, whose contributors are among his friends and former students.

Bloc Formation in International Monetary Policy Coordination

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Publisher :
ISBN 13 :
Total Pages : 90 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Bloc Formation in International Monetary Policy Coordination by : Marion Kohler

Download or read book Bloc Formation in International Monetary Policy Coordination written by Marion Kohler and published by . This book was released on 1997 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Endogenous Formation of Economic Coalitions

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Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 270 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Endogenous Formation of Economic Coalitions by : Carlo Carraro

Download or read book The Endogenous Formation of Economic Coalitions written by Carlo Carraro and published by Edward Elgar Publishing. This book was released on 2003 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Create is a Design and Technology course for Key Stage 3. It provides all the material needed to deliver the demands of the new Key Stage 3 strategy. The course follows the QCA scheme of the materials support ICT requirements. A wide range of differentiated worksheets is available on a customisable CD-ROM. The teachers' resource packs give practical advice on teaching the course and incorporating the requirements of the Key Stage 3 strategy. They include a ready-to-use QCA scheme of work and differentiated photocopiable worksheets and homework sheets as well as a fully customisable CD-ROM that allows teachers to tailor resources to the needs of students.

Game Practice and the Environment

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Publisher : Edward Elgar Publishing
ISBN 13 : 9781845421441
Total Pages : 272 pages
Book Rating : 4.4/5 (214 download)

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Book Synopsis Game Practice and the Environment by : Carlo Carraro

Download or read book Game Practice and the Environment written by Carlo Carraro and published by Edward Elgar Publishing. This book was released on 2004-01-01 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book summarises the latest achievements of researchers involved in the application of game theory to the analysis of environmental matters. It provides an overview of different methods and applications, and gives the reader new insights on the solutions to complex environmental problems. The authors investigate various game theoretic approaches, including cooperative and non-cooperative game theory, and analyse both dynamic and static games. They illustrate the application of these approaches to global and local environmental problems, and present novel but effective tools to support environmental policy making. In particular, they focus on three important issues; climate negotiations and policy, the sharing of environmental costs, and environmental management and pollution control.

Monetary Policy

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Publisher : Springer Science & Business Media
ISBN 13 : 9401578524
Total Pages : 252 pages
Book Rating : 4.4/5 (15 download)

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Book Synopsis Monetary Policy by : Y. Barroux

Download or read book Monetary Policy written by Y. Barroux and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Patrick Artus and Yves Barroux The Applied Econometric Association organised an international conference on "Monetary and Financial Models" in Geneva in January 1987. The purpose of this book is to make available to the public a choice of the papers that were presented at the conference. The selected papers all deal with the setting of monetary targets and the effects of monetary policy on the economy as well as with the analysis of the financial behaviours of economic agents. Other papers presented at the same conference but dealing with the external aspects of monetary policy (exchange rate policy, international coordination of economic policies, international transmission of business cycles, . . . ) are the matter of a distinct publication. The papers put together to make up this book either are theoretical research contributions or consist of applied statistical or econometric work. It seemed to be more logical to start with the more theoretical papers. The topics tackled in the first two parts of the book have in common the fact that they appeared just recently in the field of economic research and deal with the analysis of the behaviour of Central Banks. They analyse this behaviour so as to be able to exhibit its major determinants as well as revealed preferences of Central Banks: this topic comes under the caption "optimal monetary policy and reaction function of the monetary authorities".

Inflation Contracts, Targets and Strategic Incentives for Delegation in International Monetary Policy Games

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Publisher :
ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Inflation Contracts, Targets and Strategic Incentives for Delegation in International Monetary Policy Games by : Florin Ovidiu Bilbiie

Download or read book Inflation Contracts, Targets and Strategic Incentives for Delegation in International Monetary Policy Games written by Florin Ovidiu Bilbiie and published by . This book was released on 2001 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Dynamic Modeling of Monetary and Fiscal Cooperation Among Nations

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Publisher : Springer Science & Business Media
ISBN 13 : 0387279318
Total Pages : 324 pages
Book Rating : 4.3/5 (872 download)

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Book Synopsis Dynamic Modeling of Monetary and Fiscal Cooperation Among Nations by : Joseph E.J.K Plasmans

Download or read book Dynamic Modeling of Monetary and Fiscal Cooperation Among Nations written by Joseph E.J.K Plasmans and published by Springer Science & Business Media. This book was released on 2006-04-25 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dynamic Modeling of Monetary and Fiscal Cooperation Among Nations analyzes coordination of monetary and fiscal stabilization policies between countries and currency areas using a dynamic game approach. The first four chapters introduce the reader to the dynamics of fiscal and monetary policy cooperation. Issues covered include: fiscal coordination, fiscal stringency requirements, structural and bargaining power asymmetries and the design of monetary and fiscal policymaking in a monetary union. In the four last chapters multiple-player settings with aspects of fiscal and/or monetary coordination are analyzed using the endogenous coalition formation approach. The analysis is focused on shock and model asymmetries and issues of multi-country coordination in the presence of (possibly many) monetary unions.

Institutional Conflicts and Complementarities

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Publisher : Springer Science & Business Media
ISBN 13 : 147574062X
Total Pages : 276 pages
Book Rating : 4.4/5 (757 download)

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Book Synopsis Institutional Conflicts and Complementarities by : Robert Franzese

Download or read book Institutional Conflicts and Complementarities written by Robert Franzese and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: This important collection presents an authoritative selection of papers on "Institutional Conflicts and Complementarities" This publication is intent on building bridges between economics and the other social sciences. The focus is on the interaction between monetary policy and wage bargaining institutions in European Monetary Union (EMU). Institutional Conflicts and Complementarities is written by acknowledged experts in their field. The outcome is a broad analysis of the interactions of labour market actors and central banks. The volume addresses the recent changes in EMU. An important theoretical, empirical, and policy-relevant conclusion that emerges from Institutional Conflicts and Complementarities is that even perfectly credible monetary conservatism has long-term real effects, even in equilibrium models with fully rational expectations.

Journal of Institutional and Theoretical Economics

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Publisher :
ISBN 13 :
Total Pages : 428 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Journal of Institutional and Theoretical Economics by :

Download or read book Journal of Institutional and Theoretical Economics written by and published by . This book was released on 2006 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Monetary Unions

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Publisher : Springer Nature
ISBN 13 : 303093232X
Total Pages : 457 pages
Book Rating : 4.0/5 (39 download)

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Book Synopsis Monetary Unions by : Hubert Kempf

Download or read book Monetary Unions written by Hubert Kempf and published by Springer Nature. This book was released on 2022-04-22 with total page 457 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook explains the notion of monetary union, highlighting the key concepts, procedures, and challenges involved. The book is organized in three parts. In the first part, the reader learns about monetary issues, like definitions and typology of monetary unions, rationale of monetary unions, monetary policy, monetary institutional matters. The second part is devoted to fiscal matters and the interplay between fiscal and monetary policies, such as deficits, transfers, public debt sustainability issues, fiscal policy, policy mix. The last part focuses on other distinct but related issues, necessary to complete the union: banking and fiscal unions, structural adjustments in a monetary union. It ends with a chapter on the fate of monetary unions: how they develop, mature and sometimes dissolve. The book addresses students at undergraduate and graduate level, interested in a better understanding of international macroeconomics and monetary unions, as well as policy-makers, practitioners and economists in central banks, ministries of economics, economic institutions and banks.

Adjusting to EU Enlargement

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Publisher : Edward Elgar Publishing
ISBN 13 : 9781781959084
Total Pages : 264 pages
Book Rating : 4.9/5 (59 download)

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Book Synopsis Adjusting to EU Enlargement by : Constantine A. Stephanou

Download or read book Adjusting to EU Enlargement written by Constantine A. Stephanou and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Before the latest EU enlargement substantial changes in the integration process were predicted as a result of the accession of 10 new member states, with some forecasting cataclysmic consequences. This book, the first ex post assessment of EU enlargement, provides evidence to the contrary, while also providing examples in which the new members have been able to influence the EU policy output with their liberal attitudes on economic and social policy.