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...
| Auteur principal: | |
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| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
2002.
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| Collection: | IMF Working Papers; Working Paper ;
No. 2002/212 |
| Accès en ligne: | Full text available on IMF |