A Folk Theorem of Monetary Policy

  • Carlo Carraro
Conference paper
Part of the Studies in Contemporary Economics book series (CONTEMPORARY)


The analysis of effectiveness and optimality of economic policy by using game theory is a crucial issue of contemporary macroeconomics. International policy coordination and the role of monetary policy are the topics more frequently analysed.


Private Sector Nash Equilibrium Monetary Policy Loss Function Natural Rate 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer-Verlag Berlin Heidelberg 1988

Authors and Affiliations

  • Carlo Carraro
    • 1
  1. 1.University of Venice and CEPRItaly

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