Abstract
In this chapter we evaluate the performance of some simple rules which have emerged from the debate on policy coordination, focusing on two alternatives already considered in Chapter 4: the target zones proposal and the reversed assignment. At this stage we carry out our policy experiments within the framework of a two-country model which explicitly accounts for interdependence between economies.
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© 1993 Patrizio Tirelli
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Tirelli, P. (1993). Simple Rules for Policy Coordination: An Evaluation of Alternative Assignments. In: Monetary and Fiscal Policy, the Exchange Rate and Foreign Wealth. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-22605-4_6
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DOI: https://doi.org/10.1007/978-1-349-22605-4_6
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-22607-8
Online ISBN: 978-1-349-22605-4
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)