G2TT
来源类型Discussion paper
规范类型论文
来源IDDP235
DP235 International Monetary Cooperation under Tariff Threats
Flavio Delbono; Giorgio Basevi; Vincenzo Denicolò
发表日期1988-03-01
出版年1988
语种英语
摘要We analyse games between two countries which use the threat of imposing a tariff to induce each other to follow monetary policies equivalent to those that would obtain under a cooperative game. The analysis shows that -- under certain assumptions concerning the shares of tariff revenues, what the countries spend on imports, the punishment structures and the discount factors -- the outcome of the game converges to the equivalent of the cooperative equilibrium, with zero tariffs and optimal monetary policies. It is suggested that the model could be applied to current relations between the US, Germany and Japan.
主题International Macroeconomics ; International Trade and Regional Economics
关键词monetary policy Tariffs Threat and punishment strategies
URLhttps://cepr.org/publications/dp235
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/529390
推荐引用方式
GB/T 7714
Flavio Delbono,Giorgio Basevi,Vincenzo Denicolò. DP235 International Monetary Cooperation under Tariff Threats. 1988.
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