The objective of this paper is to develop a game theoretical model in an open economy, that emphasizes the signals sent by central banks about their exchange rate policy. The model is developed in a finite then an infinite horizon framework. Policy implications are derived.
FOURÇANS, A. and WARIN, T. (2001). A Game Theoretical Approach to Monetary Policy: What Strategy for the ECB? In: EMU, Financial Markets and the World Economy. 1st ed. Kluwer Academic Publishers, pp. 73-90.