Global Implications of Self-Oriented National Monetary Rules
- Publisher: eScholarship, University of California
International policy coordination, international policy cooperation, monetary policy rules, policy precommitment | international policy cooperation | International policy coordination | policy precommitment | monetary policy rules
It is well known that if international linkages are relatively small, the potential gains to international monetary policy coordination are typically quite limited. But what if goods and financial markets are tightly linked? Is it then problematic if countries unilate...