Policy cooperation among benevolent governments may be undesirable

Patrick J. Kehoe

Research output: Contribution to journalArticlepeer-review

121 Scopus citations

Abstract

This paper presents a simple counterexample to the belief that policy cooperation among benevolent governments is desirable. It also explains circumstances under which such counterexamples are possible and relates them to the literature on time inconsistency. © 1989 The Review of Economic Studies Limited.

Original languageEnglish (US)
Pages (from-to)289-296
Number of pages8
JournalReview of Economic Studies
Volume56
Issue number2
DOIs
StatePublished - Apr 1989

Fingerprint

Dive into the research topics of 'Policy cooperation among benevolent governments may be undesirable'. Together they form a unique fingerprint.

Cite this