| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP198 |
| DP198 International Cooperation and Reputation in an Empirical Two-Bloc Model | |
| Jane Rapson; Paul Levine; Nic Vidalis | |
| 发表日期 | 1987-09-01 |
| 出版年 | 1987 |
| 语种 | 英语 |
| 摘要 | This paper examines three questions concerning the international coordination of macroeconomic policy. First it examines whether it is advantageous for governments to cooperate in the determination of monetary and fiscal policies. Second it asks whether it is helpful for governments to establish reputations vis-a-vis their private sectors. Finally it examines the sustainability of cooperative and reputational policies. These questions are addressed using Minilink, an empirical two-bloc model derived from the OECD interlink model. The main results of the analysis may be summarised as follows. To realize the gains from international cooperation requires reputation; and to realize the gains from reputation requires cooperation. Moreover, cooperative policies with reputation are found to be sustainable; and the joint gains from cooperation and reputation are found to be considerable. |
| 主题 | International Macroeconomics |
| 关键词 | Interlink model International cooperation International coordination Macroeconomic policy monetary policy Reputation |
| URL | https://cepr.org/publications/dp198 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529354 |
| 推荐引用方式 GB/T 7714 | Jane Rapson,Paul Levine,Nic Vidalis. DP198 International Cooperation and Reputation in an Empirical Two-Bloc Model. 1987. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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