The politics of exchange rates in developing countries : political cycles and domestic institutions
著者
書誌事項
The politics of exchange rates in developing countries : political cycles and domestic institutions
（Contributions to economics）
Physica-Verlag, c2006
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注記
Originally presented as the author's thesis (doctoral)--Universität Hohenheim
Includes bibliographical references (p. [243]-258)
内容説明・目次
内容説明
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.
目次
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.
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