Monetary policy cooperation may not be counterproductive
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Monetary policy cooperation may not be counterproductive. / Jensen, Henrik.
In: Scandinavian Journal of Economics, Vol. 99, No. 1, 1997, p. 73-80.Research output: Contribution to journal › Journal article › Research › peer-review
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TY - JOUR
T1 - Monetary policy cooperation may not be counterproductive
AU - Jensen, Henrik
PY - 1997
Y1 - 1997
N2 - This paper qualifies Rogoff's famous (1985) result that international monetary policy cooperation is counterproductive. In a model similar to his, it is shown that if wage-setters are non-atomistic and inflation averse - as policymakers are - cooperation leads to higher employment and possibly lower inflation
AB - This paper qualifies Rogoff's famous (1985) result that international monetary policy cooperation is counterproductive. In a model similar to his, it is shown that if wage-setters are non-atomistic and inflation averse - as policymakers are - cooperation leads to higher employment and possibly lower inflation
U2 - 10.1111/1467-9442.00048
DO - 10.1111/1467-9442.00048
M3 - Journal article
VL - 99
SP - 73
EP - 80
JO - Scandinavian Journal of Economics
JF - Scandinavian Journal of Economics
SN - 0347-0520
IS - 1
ER -
ID: 155796