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International Competitiveness and Monetary Policy: Strategic Policy and Coordination with a Production Relocation Externality

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NBER2013-08-01 更新2025-01-04 收录
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Can a country gain international competitiveness by the design of optimal monetary stabilization rules? This paper reconsiders this question by specifying an open-economy monetary model encompassing a 'production relocation externality,' developed in trade theory to analyze the benefits from

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2013-08-01
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