Coalitional Behavior in an open-loop LQ-differential game for the EMU

Aarle, B. van
Bartolomeo, G. di
Engwerda, J.
Plasmans, J.E.J.

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Publication date

January 2001

DOI

10.1016/s1474-6670(17)33045-8

ISSN

1474-6670

Abstract

The interaction of monetary andfiscal policies is a crucial issue in a highly integrated economic area as the EU. In this paper we study policy cooperation. In particular, we focus on how coalitions among policy-makers are formed and what are their effects on the stabilization of output and price

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Coalitional Behavior in an open-loop LQ-differential game for the EMU

Abstract

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Coalitional Behavior in an open-loop LQ-differential game for the EMU

Abstract

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