The Politics of Exchange Rates in Developing Countries Political Cycles and Domestic Institutions /
This book considers the issue of exchange rate policymaking from a political economy perspective. It illustrates both theoretically and empirically how domestic political and institutional incentives shape exchange rate policies in developing countries. Modelling policymakers’ preferences as endogen...
| Κύριος συγγραφέας: | |
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| Συγγραφή απο Οργανισμό/Αρχή: | |
| Μορφή: | Ηλεκτρονική πηγή Ηλ. βιβλίο |
| Γλώσσα: | English |
| Έκδοση: |
Heidelberg :
Physica-Verlag HD,
2006.
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| Σειρά: | Contributions to Economics,
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| Θέματα: | |
| Διαθέσιμο Online: | Full Text via HEAL-Link |
Πίνακας περιεχομένων:
- General introduction
- The normative and the positive view on exchange rate policy
- Fear of floating and fear of pegging: How important is politics?
- Political uncertainty and speculative attacks
- Developing a theory of currency peg duration
- The determinants of fixed exchange rate regime duration: A survival analysis
- Political cycles and the real exchange rate
- Conclusion and discussion.
