Monetary Union in West Africa : Who Might Gain, Who Might Lose, and Why? /

We develop a multicountry model in which governments aim at excessive spending in order to serve the narrow interests of the group in power. This puts pressure on the monetary authorities to extract seigniorage, and thus affects the incentives countries would have to participate in a monetary union....

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Masson, Paul
مؤلفون آخرون: Debrun, Xavier, Pattillo, Catherine
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2002.
سلاسل:IMF Working Papers; Working Paper ; No. 2002/226
الوصول للمادة أونلاين:Full text available on IMF