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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 en...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Setzer, Ralph (Autor)
Autor Corporativo: SpringerLink (Online service)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Heidelberg : Physica-Verlag HD : Imprint: Physica, 2006.
Edición:1st ed. 2006.
Colección:Contributions to Economics,
Temas:
Acceso en línea:Texto Completo

MARC

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245 1 4 |a The Politics of Exchange Rates in Developing Countries  |h [electronic resource] :  |b Political Cycles and Domestic Institutions /  |c by Ralph Setzer. 
250 |a 1st ed. 2006. 
264 1 |a Heidelberg :  |b Physica-Verlag HD :  |b Imprint: Physica,  |c 2006. 
300 |a XII, 258 p. 11 illus.  |b online resource. 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
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490 1 |a Contributions to Economics,  |x 2197-7178 
505 0 |a 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. 
520 |a 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 endogenous, the book answers questions as the following: What influences the relative value that a country puts on fixed versus floating regimes? Why do governments, during certain episodes, deviate from an officially announced exchange rate regime? How do policymakers' exchange rate preferences change during election periods? The 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. 
650 0 |a Macroeconomics. 
650 0 |a Development economics. 
650 0 |a International economic relations. 
650 1 4 |a Macroeconomics and Monetary Economics. 
650 2 4 |a Development Economics. 
650 2 4 |a International Economics. 
710 2 |a SpringerLink (Online service) 
773 0 |t Springer Nature eBook 
776 0 8 |i Printed edition:  |z 9783790822441 
776 0 8 |i Printed edition:  |z 9783790817157 
830 0 |a Contributions to Economics,  |x 2197-7178 
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950 |a Business and Economics (SpringerNature-11643) 
950 |a Economics and Finance (R0) (SpringerNature-43720)