Optimal and Sustainable Exchange Rate Regimes : A Simple Game-Theoretic Approach /

This paper examines the question of how to design an optimal and sustainable exchange rate regime in a world economy of two interdependent countries. It develops a Barro-Gordon type two-country model and compares noncooperative equilibria under different assumptions of monetary policy credibility an...

詳細記述

書誌詳細
第一著者: Kawai, Masahiro
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 1992.
シリーズ:IMF Working Papers; Working Paper ; No. 1992/100
オンライン・アクセス:Full text available on IMF