Fiscal Discipline and Exchange Rates : Does Politics Matter?

Does Politics Matter?

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, but fixed exchange rates... READ MORE...

Publication date: November 2016
ISBN 9781475555769
$18.00

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