TY  - JOUR
AU  - Frankel,Jeffrey
AU  - Erwin,Scott
AU  - Rockett,Katharine
TI  - A Note on Internationally Coordinated Policy Packages Intended to be    Robust Under Model Uncertainty
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 3747
PY  - 1992
Y2  - December 1992
UR  - http://www.nber.org/papers/w3747
L1  - http://www.nber.org/papers/w3747.pdf
N1  - Author contact info:
Jeffrey A. Frankel
Kennedy School of Government
Harvard University
79 JFK Street
Cambridge, MA 02138
Tel: 617/496-3834
Fax: 617/496-5747
E-Mail: jeffrey_frankel@harvard.edu
AB  - Holtham and Hughes Hallett, and a number of other authors, have suggested that a printout of all 1,000 cases of coordination considered in Frankel and Rockett (1988) should be made available. They wish to check whether, if coordination is restricted to policy packages that they call 'strong' bargains, it would raise welfare a higher percentage of the time. We now make those results available. The results show that if coordination is restricted to packages that are robust with respect to model uncertainty, such as the so-called 'strong' bargains, it does indeed improve the odds in favor of gains from coordination.
ER  -