RIS ID
12279
Abstract
This chapter is concerned with developing a two-country model, a large country and a small country, with the objective of identifying the circumstances under which it would be conducive to conduct coordinated macroeconomic policy with the objective of minimizing volatility in terms of key macroeconomic varibles usch as domestic prices, the exchange rate, the domestic interest rate and domestic output.
Publication Details
Harvie, C. (2005). Regional Economic and Monetary Integration - a Modelling and Policy Analysis. In C. Harvie, F. Kimura & H. Lee (Eds.), New East Asian Regionalism: Causes, Progress and Country Perspectives (pp. 259-282). Cheltenham, UK: Edward Elgar Publishing.