Monetary policy coordination between the United States and the Euro Area : an application of indirect inference to a two-country DSGE model

Calls for monetary policy coordination has increased as the intensifed macro- economic interdependence cultivates the conflict of interests between economics, especially following the current crisis. Yet the literature has not reached a con- sensus on whether monetary policy coordination is welfare-...

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Bibliographic Details
Main Author: Hong, Yuqun
Published: Cardiff University 2013
Subjects:
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.590352