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International Monetary Policy Coordination

Author

Listed:
  • Carlberg, Michael

Abstract

This paper studies the international coordination of monetary policies in the world economy. It carefully discusses the process of policy competition and the structure of policy cooperation. As to policy competition, the focus is on monetary competition between Europe and America. Similarly, as to policy cooperation, the focus is on monetary cooperation between Europe and America. The spillover effects of monetary policy are negative. The policy targets are price stability and full employment.

Suggested Citation

  • Carlberg, Michael, 2005. "International Monetary Policy Coordination," University of Göttingen Working Papers in Economics 41, University of Goettingen, Department of Economics.
    • Handle: RePEc:zbw:cegedp:41
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    File URL: https://www.econstor.eu/bitstream/10419/22168/1/41_Carlberg.pdf
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    More about this item

    Keywords

    European Monetary Union; International Policy Coordination; Monetary Policy;
    All these keywords.

    JEL classification:

    • F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions

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