Loading…

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...

Full description

Bibliographic Details
Call Number:Libro Electrónico
Main Author: Setzer, Ralph (Author)
Corporate Author: SpringerLink (Online service)
Format: Electronic eBook
Language:Inglés
Published: Heidelberg : Physica-Verlag HD : Imprint: Physica, 2006.
Edition:1st ed. 2006.
Series:Contributions to Economics,
Subjects:
Online Access:Texto Completo
Table of Contents:
  • 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.