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We test the significance of the relationship between the exchange rate regime and the degree of structural reforms by estimating panel regressions for a world and an OECD country sample. The empirical results suggest a positive correlation between on the one side the adoption of an exchange rate...
Persistent link: https://www.econbiz.de/10005762403
This paper examines the contemporaneous relationship between the exchange rate regime and structural economic reforms over a period of 30 years. We investigate empirically whether structural reforms are complements or substitutes for monetary commitment in the attempt to improve macroeconomic...
Persistent link: https://www.econbiz.de/10005406486
This paper investigates the relationship between the exchange rate regime and the degree of structural reforms using panel data techniques. We look at a broad sample of countries (the "world sample") and also an OECD sample. Our main findings suggest that adopting a fixed exchange rate rule is...
Persistent link: https://www.econbiz.de/10013370046
This paper investigates the relationship between the exchange rate regime and the degree of structural reforms using panel data techniques. We look at a broad sample of countries (the “world sample”) and also an OECD sample. Our main findings suggest that adopting a fixed exchange rate rule...
Persistent link: https://www.econbiz.de/10005802643
economic liberalisation has tended to be stronger under better macroeconomic fundamentals, suggesting that the impact of good …
Persistent link: https://www.econbiz.de/10010287667
economic libera-lisation has tended to be stronger under better macroeconomic funda-mentals, suggesting that the impact of good …
Persistent link: https://www.econbiz.de/10010209953
; liberalisation ; panel data ; political economy of reform …
Persistent link: https://www.econbiz.de/10003260831
We test the significance of the relationship between the exchange rate regime and the degree of structural reforms by estimating panel regressions for a world and an OECD country sample. The empirical results suggest a positive correlation between on the one side the adoption of an exchange rate...
Persistent link: https://www.econbiz.de/10013318216
This paper examines the contemporaneous relationship between the exchange rate regime and structural economic reforms over a period of 30 years. Using panel data techniques, we look at both a broad (world sample) and an OECD country sample. We investigate empirically whether structural reforms...
Persistent link: https://www.econbiz.de/10012776421
This paper examines the contemporaneous relationship between the exchange rate regime and structural economic reforms over a period of 30 years. We investigate empirically whether structural reforms are complements or substitutes for monetary commitment in the attempt to improve macroeconomic...
Persistent link: https://www.econbiz.de/10012776900