Series: IMF Working Papers
Author(s): Haizhou Huang , and Shang-Jin Wei
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2003
Keywords: currency board, conservative central banker, inflation, inflation rate, inflation target, National Government Expenditures and Related Policies: General,
This paper examines the role of corruption in the design of monetary policies for developing countries in a framework of fiscal and monetary interaction and obtains several interesting results. First, pegged exchan...