Browsing RSCAS Working Papers 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, Michele Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI RSCAS Abstract: 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, ...

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