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...

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Bibliografski detalji
Autor kompanije: International Monetary Fund
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 1988.
Serija:IMF Working Papers; Working Paper ; No. 1988/114
Online pristup:Full text available on IMF