Policy Competition, Imitation and Coordination Under Uncertainty

The paper analyzes under what circumstances policymakers experiment with policies with uncertain outcomes, when they prefer to imitate policies initiated in other countries, and when they prefer to coordinate policies internationally. Policymakers have private costs of active policies and compete in...

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Bibliografiske detaljer
Udgivet i:MAGKS - Joint Discussion Paper Series in Economics (Band 18-2022)
Format: Artikel
Sprog:engelsk
Udgivet: Philipps-Universität Marburg 2022
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