IDEAS home Printed from https://ideas.repec.org/h/eee/intchp/3-38.html
   My bibliography  Save this book chapter

Double-edged incentives: Institutions and policy coordination

In: Handbook of International Economics

Author

Listed:
  • Persson, Torsten
  • Tabellini, Guido

Abstract

This paper illustrates some of the most important insights of the literature on international fiscal and monetary policy coordination. It notes that the analysis of international policy interactions is enriched by taking the incentives in the domestic policy process into account. These incentives can either be tied to credibility issues or to political institutions. The paper also focuses on the role of institutions that can enforce and support international cooperation. We discuss alternative task assignments between member countries and the central policy-making level, and alternative processes for collective decision making.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Persson, Torsten & Tabellini, Guido, 1995. "Double-edged incentives: Institutions and policy coordination," Handbook of International Economics,in: G. M. Grossman & K. Rogoff (ed.), Handbook of International Economics, edition 1, volume 3, chapter 38, pages 1973-2030 Elsevier.
  • Handle: RePEc:eee:intchp:3-38
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/B7P5T-4FKY233-M/2/02de1be1bd8afb4c31ae0a88554fc952
    Download Restriction: Full text for ScienceDirect subscribers only

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    More about this item

    JEL classification:

    • F1 - International Economics - - Trade

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:intchp:3-38. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dana Niculescu). General contact details of provider: http://www.elsevier.com/wps/find/bookseriesdescription.cws_home/BS_HE/description .

    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.

    We have no references for this item. You can help adding them by using 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.