Optimal monetary policy cooperation through state-independent contracts with targets

Author: Jensen H.

Source: European Economic Review, Volume 44, Number 3, March 2000 , pp. 517-539(23)

Publisher: Elsevier

Keywords: [JEL classification codes] E42; [JEL classification codes] E58; [JEL classification codes] F42; Monetary policy cooperation; Central bank independence; Monetary institutions; Performance contracts; Policy targets

Language: English

Document Type: Research article

DOI: http://dx.doi.org/10.1016/S0014-2921(98)00086-5

Affiliations: 1: Institute of Economics and EPRU, University of Copenhagen, Studiestraede 6, DK-1455, Copenhagen K, Denmark

Publication date: 2000-03-01

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