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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Udgivet i: | MAGKS - Joint Discussion Paper Series in Economics (Band 18-2022) |
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Format: | Artikel |
Sprog: | engelsk |
Udgivet: |
Philipps-Universität Marburg
2022
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Online adgang: | PDF-Volltext |
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