Portfolio Preference Uncertainty and Gains From Policy Coordination /
International macroeconomic policy coordination is generally considered to be made less likely-and less profitable-by the presence of uncertainty about how the economy works. The present paper provides a counter-example, in which increased uncertainty about portfolio preference of investors makes co...
Autor Principal: | |
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Formato: | Revista |
Idioma: | English |
Publicado: |
Washington, D.C. :
International Monetary Fund,
1991.
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Series: | IMF Working Papers; Working Paper ;
No. 1991/064 |
Acceso en liña: | Full text available on IMF |