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International Policy Coordination in a Dynamic Macroeconomic Model

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NBER1983-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1166
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This paper illustrates the role for macroeconomic policy coordination when interdependent economies are pursuing disinflationary policies. Under flexible exchangerates, policy makers have an incentive to reduce inflation by pursuing contractionary policies that yield a currency appreciation. In a
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1983-07-01
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