A Political-Economic Model of the Choice of Exchange Rate Regime /

Facing electoral uncertainty, a government chooses its exchange regime in a trade-off among three incentives: (i) tying the hands of its opponent should it lose the election; (ii) facilitating its own future policy implementation should it win the election; and (iii) increasing its chance of reelect...

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Библиографические подробности
Главный автор: Sun, Yan
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2002.
Серии:IMF Working Papers; Working Paper ; No. 2002/212
Online-ссылка:Full text available on IMF
Описание
Итог:Facing electoral uncertainty, a government chooses its exchange regime in a trade-off among three incentives: (i) tying the hands of its opponent should it lose the election; (ii) facilitating its own future policy implementation should it win the election; and (iii) increasing its chance of reelection.
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Объем:1 online resource (19 pages)
Формат:Mode of access: Internet
ISSN:1018-5941
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