International policy cooperation may be undesirable
Abstract
This paper presents a simple counterexample to the belief that international policy cooperation is desirable. It also explains circumstances under which such a counterexample is possible.Download Info
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.Bibliographic Info
Paper provided by Federal Reserve Bank of Minneapolis in its series Staff Report with number 103.Length:
Date of creation: 1986
Date of revision:
Publication status: Published in Review of Economic Studies (Vol.56, n.2, 1989, pp.289-296)
Handle: RePEc:fip:fedmsr:103
Contact details of provider:
Postal: 90 Hennepin Avenue, P.O. Box 291, Minneapolis, MN 55480-0291
Phone: (612) 204-5000
Web page: http://minneapolisfed.org/
More information through EDIRC
Order Information:
Email:
Web: http://www.minneapolisfed.org/pubs/
Related research
Keywords: International economic relations;This paper has been announced in the following NEP Reports:
- NEP-ALL-2000-01-31 (All new papers)
- NEP-CDM-2000-01-31 (Collective Decision-Making)
- NEP-PUB-2000-01-31 (Public Finance)
References
References listed on IDEASPlease report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Persson, Torsten, 1988. "An introduction and a broad survey," European Economic Review, Elsevier, vol. 32(2-3), pages 519-532, March.
- Patrick J. Kehoe, 1986.
"Coordination of fiscal policies in a world economy,"
Staff Report
98, Federal Reserve Bank of Minneapolis.
- Kehoe, Patrick J., 1987. "Coordination of fiscal policies in a world economy," Journal of Monetary Economics, Elsevier, vol. 19(3), pages 349-376, May.
- Canzoneri, Matthew B. & Henderson, Dale W., 1988. "Is sovereign policymaking bad?," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 28(1), pages 93-140, January.
- Calvo, Guillermo A, 1978. "On the Time Consistency of Optimal Policy in a Monetary Economy," Econometrica, Econometric Society, vol. 46(6), pages 1411-28, November.
- V.V. Chari & Patrick J. Kehoe & Edward C. Prescott, 1988. "Time consistency and policy," Staff Report 115, Federal Reserve Bank of Minneapolis.
- van der Ploeg, Frederick, 1988.
"International policy coordination in interdependent monetary economies,"
Journal of International Economics,
Elsevier, vol. 25(1-2), pages 1-23, August.
- van der Ploeg, Frederick, 1987. "International Policy Coordination in Interdependent Monetary Economies," CEPR Discussion Papers 169, C.E.P.R. Discussion Papers.
- Devereux, Michael B, 1990. "International Cooperation, Precommitment, and Welfare," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 31(2), pages 439-56, May.
- Chari, V V & Kehoe, Patrick J, 1990.
"International Coordination of Fiscal Policy in Limiting Economies,"
Journal of Political Economy,
University of Chicago Press, vol. 98(3), pages 617-36, June.
- V.V. Chari & Patrick J. Kehoe, 1989. "International coordination of fiscal policy in limiting economies," Staff Report 121, Federal Reserve Bank of Minneapolis.
- Fischer, Stanley, 1980. "Dynamic inconsistency, cooperation and the benevolent dissembling government," Journal of Economic Dynamics and Control, Elsevier, vol. 2(1), pages 93-107, May.
- Reinhard Neck & Engelbert Dockner, 1995. "Commitment and coordination in a dynamic game model of international economic policy-making," Open Economies Review, Springer, vol. 6(1), pages 5-28, January.
- Hamada, Koichi, 1976. "A Strategic Analysis of Monetary Interdependence," Journal of Political Economy, University of Chicago Press, vol. 84(4), pages 677-700, August.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Tabellini, Guido, 1990.
"Domestic politics and the international coordination of fiscal policies,"
Journal of International Economics,
Elsevier, vol. 28(3-4), pages 245-265, May.
- Tabellini, Guido, 1988. "Domestic Politics and the International Coordination of Fiscal Policies," CEPR Discussion Papers 226, C.E.P.R. Discussion Papers.
- Guido Tabellini, 1988. "Domestic Politics and the International Coordination of Fiscal Policies," UCLA Economics Working Papers 529, UCLA Department of Economics.
- Jeffrey A. Frankel & Katharine Rockett, 1988.
"International Macroeconomic Policy Coordination When Policy-Makers Disagree on the Model,"
NBER Working Papers
2059, National Bureau of Economic Research, Inc.
- Jeffrey A. Frankel and Katharine E. Rockett., 1987. "International Macroeconomic Policy Coordination When Policy-Makers Disagree on the Model," Economics Working Papers 8744, University of California at Berkeley.
- Frankel, Jeffrey A. & Rockett, Katherine E., 1987. "International Macroeconomic Policy Coordination When Policy-Makers Disagree on the Model," Department of Economics, Working Paper Series qt6ct8k549, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Michael Devereux & Thomas A. Wilson, 1989. "International Co-ordination of Macroeconomic Policies: A Review," Canadian Public Policy, University of Toronto Press, vol. 15(s1), pages 20-34, February.
Lists
This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.Statistics
Access and download statisticsCorrections
When requesting a correction, please mention this item's handle: RePEc:fip:fedmsr:103For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Diane Rosenberger).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.

