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Fiscal Constraints of a Fixed Exchange Rate Regime

Fiscal Constraints of a Fixed Exchange Rate Regime »

Source: Fiscal Constraints of a Fixed Exchange Rate Regime

Volume/Issue: 1989/107

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 December 1989

ISBN: 9781451946680

Keywords: exchange rate, fiscal policy, hard currency, exchange rates, fixed exchange rate

The paper considers whether the implementation of a fixed exchange rate regime requires or implies binding constraints on fiscal policy. The main conclusions are that, from a country perspective, the effective cons...

Fiscal Constraints of a Fixed Exchange Rate Regime

Fiscal Constraints of a Fixed Exchange Rate Regime »

Volume/Issue: 1989/107

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 December 1989

DOI: http://dx.doi.org/10.5089/9781451946680.001

ISBN: 9781451946680

Keywords: exchange rate, fiscal policy, hard currency, exchange rates, fixed exchange rate

The paper considers whether the implementation of a fixed exchange rate regime requires or implies binding constraints on fiscal policy. The main conclusions are that, from a country perspective, the effective cons...