Fiscal Discipline and Exchange Rates : Does Politics Matter? /

We look at the effect of exchange rate regimes on fiscal discipline, taking into account the effect of underlying political conditions. We present a model where strong politics (defined as policymakers facing longer political horizon and higher cohesion) are associated with better fiscal performance...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Jalles, Joao Tovar
Weitere Verfasser: Mulas-Granados, Carlos, Tavares, Jose
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2016.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2016/230
Online Zugang:Full text available on IMF