Robert Schuman Centre for Advanced Studies (RSCAS)
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Browsing Robert Schuman Centre for Advanced Studies (RSCAS) by Subject
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Browsing Robert Schuman Centre for Advanced Studies (RSCAS) by Subject "E58"
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Title:Monetary Politics in a Monetary Union: A Note on Common Agency with Rational Expectations
Author(s):RUTA, MicheleDate:2007Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:Is the politicisation of monetary policy in a currency union desirable? This paper shows that in a
setting where political influence by national governments is modeled as a common agency game with
rational expectations, ...