재무관리연구 (The Korean Journal of Financial Management)
- 제12권1호
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- Pages.145-165
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- 1995
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- 1225-0759(pISSN)
부분 조정하에서의 국가간 통화정책 조정
PARTIAL INTERNATIONAL COORDINATION OF MONETARY POLICIES
초록
This paper studies a partial coordination situation where a set of countries coordinate their monetary policies among themselves;while the rest of the world choose their policies independently. Using a three-country orewlapping generations model, it is shown that nash partial-coordination equilibrium does not exist. This paper also studies the partial coordination under unanticipated productivity shocks.
키워드