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International Monetary Policy Coordination

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Author Info
Carlberg, Michael () (Helmut Schmidt University, Hamburg)
Abstract

This paper studies the international coordination of monetary policies in the world economy. It carefully discusses the process of policy competition and the structure of policy cooperation. As to policy competition, the focus is on monetary competition between Europe and America. Similarly, as to policy cooperation, the focus is on monetary cooperation between Europe and America. The spillover effects of monetary policy are negative. The policy targets are price stability and full employment.

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File URL: http://www.hsu-hh.de/fgvwl/index_06JoKlAvbNDnMDPE.html
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Publisher Info
Paper provided by Helmut Schmidt University, Hamburg in its series Working Paper with number 39/2005.

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Length: 36 pages
Date of creation: Mar 2005
Date of revision:
Handle: RePEc:ris:vhsuwp:2005_039

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Related research
Keywords: European Monetary Union; International Policy Coordination; Monetary Policy;

Find related papers by JEL classification:
E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission

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This page was last updated on 2009-12-23.

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