Arbeitspapier
Taxation, corruption and the exchange rate regime
The paper analyzes the relation between institutional quality, such as corruption, in a country and its monetary regime. It is shown that a credibly fixed exchange rate to a low inflation country, like a currency board, can reduce corruption and improve the fiscal system. A monetary union, however, has ambiguous effects. I find that there is convergence between countries with regard to the level of corruption.
- Language
-
Englisch
- Bibliographic citation
-
Series: HWWI Research Paper ; No. 2-12
- Classification
-
Wirtschaft
Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
International Monetary Arrangements and Institutions
- Subject
-
Exchange Rate Regime
Monetary Policy
Fiscal Policy
Seigniorage
Corruption
Developing and Transition Countries
- Event
-
Geistige Schöpfung
- (who)
-
Hefeker, Carsten
- Event
-
Veröffentlichung
- (who)
-
Hamburgisches WeltWirtschaftsInstitut (HWWI)
- (where)
-
Hamburg
- (when)
-
2008
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Hefeker, Carsten
- Hamburgisches WeltWirtschaftsInstitut (HWWI)
Time of origin
- 2008
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