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...

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Detalhes bibliográficos
Autor principal: Sun, Yan
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2002.
Colecção:IMF Working Papers; Working Paper ; No. 2002/212
Acesso em linha:Full text available on IMF