Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/22168
Authors: 
Carlberg, Michael
Year of Publication: 
2005
Series/Report no.: 
CeGE discussion paper 41
Abstract: 
This paper studies the international coordination of monetary policies in the world economy. It carefully discusses the process of policy competition and the structure of policy cooperation. As to policy competition, the focus is on monetary competition between Europe and America. Similarly, as to policy cooperation, the focus is on monetary cooperation between Europe and America. The spillover effects of monetary policy are negative. The policy targets are price stability and full employment.
Subjects: 
European Monetary Union
International Policy Coordination
Monetary Policy
JEL: 
F42
E52
F41
F33
Document Type: 
Working Paper

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