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...

Full description

Bibliographic Details

Published in:	MAGKS - Joint Discussion Paper Series in Economics (Band 18-2022)
Main Author:	Hefeker, Carsten
Format:	Article
Language:	English
Published:	Philipps-Universität Marburg 2022
Subjects:	yardstick competition. Wirtschaft Uncertainty policy competition and coordination Economics
Online Access:	PDF Full Text
Tags:	Add Tag No Tags, Be the first to tag this record!