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...

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Detalhes bibliográficos
Autor principal: Jalles, Joao Tovar
Outros Autores: Mulas-Granados, Carlos, Tavares, Jose
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2016.
Colecção:IMF Working Papers; Working Paper ; No. 2016/230
Acesso em linha:Full text available on IMF