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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Detalles Bibliográficos
Autor Corporativo: International Monetary Fund
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 1988.
Series:IMF Working Papers; Working Paper ; No. 1988/114
Acceso en liña:Full text available on IMF