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Currency Wars or Efficient Spillovers? A General Theory of International Policy Cooperation

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NBER2017-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w23004
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In an interconnected world, national economic policies regularly lead to large international spillover effects, which frequently trigger calls for international policy cooperation. However, the premise of successful cooperation is that there is a Pareto inefficiency, i.e. if there is scope to make

在互联互通的世界中,各国经济政策往往会产生大规模的国际溢出效应,这时常引发国际政策合作的诉求。然而,成功合作的前提是存在帕累托无效(Pareto inefficiency),亦即存在能够使
提供机构:
美国国家经济研究局
创建时间:
2017-01-01
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