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...

Full beskrivning

Sparad:
Bibliografiska uppgifter
I publikationen:MAGKS - Joint Discussion Paper Series in Economics (Band 07-2017)
Huvudupphovsmän: Hefeker, Carsten, Neugart, Michael
Materialtyp: Artikel
Språk:engelska
Publicerad: Philipps-Universität Marburg 2017
Ämnen:
Länkar:PDF-fulltext
Taggar: Lägg till en tagg
Inga taggar, Lägg till första taggen!