Setzer The Politics of Exchange Rates in Developing Countries
2006
ISBN: 978-3-7908-1716-4
Verlag: Physica
Format: PDF
Kopierschutz: 1 - PDF Watermark
Political Cycles and Domestic Institutions
E-Book, Englisch, 258 Seiten, eBook
Reihe: Contributions to Economics
ISBN: 978-3-7908-1716-4
Verlag: Physica
Format: PDF
Kopierschutz: 1 - PDF Watermark
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. Empirical analysis is based on a panel survey of 47 countries and thereby provides insights on how political and institutional conditions typically affect exchange rate policy.
Zielgruppe
Research
Autoren/Hrsg.
Weitere Infos & Material
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.
