Model Uncertainty. Learning, and the Gains from Coordination.

The paper considers gains from international economic policy coordination when there is uncertainty concerning the functioning of the world economy, but also learning about the 'true' model on the part of policymakers. The paper reports estimates of plausible alternative versions of a stan...

Descripció completa

Dades bibliogràfiques
Autor corporatiu: International Monetary Fund
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 1988.
Col·lecció:IMF Working Papers; Working Paper ; No. 1988/114
Accés en línia:Full text available on IMF