G2TT
来源类型Discussion paper
规范类型论文
来源IDDP2101
DP2101 Cooperation Among Competitors: The Economics of Credit Card Associations
Jean Tirole; Jean Charles Rochet
发表日期1999-03-29
出版年1999
语种英语
摘要We explore endogenous monetary unification in the context of a model in which a country with serious structural distortions (and, hence, high inflation) is admitted into a monetary union once its economic structure has converged sufficiently towards that of the existing participants. If unification is reversible, so that the new entrant can always be forced to leave the union again later, convergence stops for a while after the high inflation country has joined. With irreversible unification, temporary divergence occurs, and unification is most likely to be delayed.
主题International Macroeconomics
关键词Convergence inflation Monetary unification Structural distortions
URLhttps://cepr.org/publications/dp2101
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/531218
推荐引用方式
GB/T 7714
Jean Tirole,Jean Charles Rochet. DP2101 Cooperation Among Competitors: The Economics of Credit Card Associations. 1999.
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