Credibility of Policies Versus Credibility of Policymakers /

Standard models of policy credibility, defined as the expectation that an announced policy will be carried out, emphasize the preferences of the policymaker, and the role of tough policies in signalling toughness and raising credibility. Whether a policy is carried out, however, will also reflect th...

Full description

Bibliographic Details
Main Author: Masson, Paul
Other Authors: Drazen, Allan
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1994.
Series:IMF Working Papers; Working Paper ; No. 1994/049
Subjects:
Online Access:Full text available on IMF