The exchange rate and fiscal consolidation episodes in emerging market economiesEconomics Letters (2008)
AbstractAn analysis of fiscal consolidations in emerging market economies during 1970–2004 suggests that exchange rate depreciation raises the probability of a fiscal consolidation being successful, including when controlling for debt, growth, the composition of the consolidation, and degree of democracy.
- Exchange rate,
- fiscal consolidation,
- emerging markets
Publication DateJuly, 2008
Citation InformationJohn Thornton and Amine Mati. "The exchange rate and fiscal consolidation episodes in emerging market economies" Economics Letters Vol. 100 Iss. 1 (2008)
Available at: http://works.bepress.com/john_thornton/8/