A Political-Economic Model of the Choice of Exchange Rate Regime /
Facing electoral uncertainty, a government chooses its exchange regime in a trade-off among three incentives: (i) tying the hands of its opponent should it lose the election; (ii) facilitating its own future policy implementation should it win the election; and (iii) increasing its chance of reelect...
Autor principal: | |
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Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
2002.
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Colecção: | IMF Working Papers; Working Paper ;
No. 2002/212 |
Acesso em linha: | Full text available on IMF |