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DC Field | Value | Language |
---|---|---|
dc.creator | Hefeker, Carsten | - |
dc.date | 2007 | - |
dc.date.accessioned | 2013-10-16T07:07:15Z | - |
dc.date.available | 2013-10-16T07:07:15Z | - |
dc.date.issued | 2013-10-16 | - |
dc.identifier | http://hdl.handle.net/10419/19869 | - |
dc.identifier | ppn:560905467 | - |
dc.identifier | RePEc:zbw:gdec07:6536 | - |
dc.identifier.uri | http://koha.mediu.edu.my:8181/xmlui/handle/10419/19869 | - |
dc.description | The paper explores the interaction between debt crises and devaluation. Since the optimal level of devaluation in a crisis depends on the level of debt that has to be serviced, a default makes a devaluation less likely. Expected devaluation depends thus on expectations about default which is also a function of the type of policymaker. Therefore, the decision to devalue can be forced upon the government by adverse expectations about default and the type of policymaker in office. I also explore how these uncertainties affect the policymaker?s choice of exchange rate regime. | - |
dc.language | eng | - |
dc.publisher | - | |
dc.relation | Proceedings of the German Development Economics Conference, Göttingen 2007 / Verein für Socialpolitik, Research Committee Development Economics 13 | - |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | - |
dc.subject | F33 | - |
dc.subject | F34 | - |
dc.subject | ddc:330 | - |
dc.subject | debt crisis | - |
dc.subject | currency crisis | - |
dc.subject | exchange rate regime | - |
dc.subject | Finanzmarktkrise | - |
dc.subject | Auslandsverschuldung | - |
dc.subject | Zahlungsunfähigkeit | - |
dc.subject | Wechselkurssystem | - |
dc.subject | Public Choice | - |
dc.subject | Währungskrise | - |
dc.subject | Theorie | - |
dc.title | Default, Electoral Uncertainty and the Choice of Exchange Regime | - |
dc.type | doc-type:conferenceObject | - |
Appears in Collections: | EconStor |
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