Non-cooperative and Cooperative Policy Reforms under Uncertainty and Spillovers
When countries need to implement costly economic policy reforms, these often imply uncertainties about their effectiveness for the home country and their spillovers to other countries. We develop a model to show that under these circumstances countries implement too few or too many policy reform...
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Publié dans: | MAGKS - Joint Discussion Paper Series in Economics (Band 07-2017) |
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Auteurs principaux: | , |
Format: | Article |
Langue: | anglais |
Publié: |
Philipps-Universität Marburg
2017
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Accès en ligne: | Texte intégral en PDF |
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MAGKS - Joint Discussion Paper Series in Economics