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Browsing RSCAS Articles by Subject "exchange rate stability"
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Title:Political Pressures and Exchange Rate Stability in Emerging Market Economies
Author(s):FAIA, Ester; GIULODORI, Massimo; RUTA, MicheleDate:2008Type of Publication:ArticleAbstract:This paper presents a political economy model of exchange rate policy. The theory is based on a common agency approach with rational expectations. Financial and exporter lobbies exert political pressures to influence the ...