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...
| Autore principale: | |
|---|---|
| Natura: | Periodico |
| Lingua: | English |
| Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
1991.
|
| Serie: | IMF Working Papers; Working Paper ;
No. 1991/064 |
| Accesso online: | Full text available on IMF |