Fiscal Discipline and Exchange Rate Regimes : Evidence From the Caribbean /
This paper assesses the nature of fiscal discipline under alternative exchange rate regimes. First, it shows in a simple theoretical framework that fiscal agencies under a currency union with a fixed exchange rate can have the largest incentive to overspend or "free-ride" (compared to thos...
| 1. autor: | Duttagupta, Rupa |
|---|---|
| Kolejni autorzy: | Tolosa, Guillermo |
| Format: | Czasopismo |
| Język: | English |
| Wydane: |
Washington, D.C. :
International Monetary Fund,
2006.
|
| Seria: | IMF Working Papers; Working Paper ;
No. 2006/119 |
| Dostęp online: | Full text available on IMF |
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