International monetary coordination and the great deviation
نویسندگان
چکیده
منابع مشابه
International monetary coordination and the great deviation
Research in the early 1980s found that the gains from international coordination of monetary policy were quantitatively small compared to simply getting domestic policy right. That prediction turned out to be a pretty good description of monetary policy in the 1980s, 1990s, and until recently. Because this balanced international picture has largely disappeared, the 1980s view about monetary pol...
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The Great Inflation of the 1970s was an international phenomenon. We study whether monetary authorities in the G7 countries were changing their responses to inflation in a similar manner during and following the Great Inflation era. Our results suggest that the common to the G7 countries inflation pattern during the Great Inflation period is associated with a common pattern in the monetary poli...
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ژورنال
عنوان ژورنال: Journal of Policy Modeling
سال: 2013
ISSN: 0161-8938
DOI: 10.1016/j.jpolmod.2013.03.010