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Macroeconomics Policies, Bureaucracy and Deregulation. (PDF 236.6 kB)This paper examines the contemporaneous relationship between the exchange rate regime and structural economic reforms over a period of 30 years. Using panel data techniques, we look at both a broad (“world sample”) and an OECD country sample. We investigate empirically whether structural reforms are complements or substitutes for monetary commitment in the attempt to improve macroeconomic performance. Our results suggest....| Author | Belke, Ansgar |
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| Institution | University of Duisburg-Essen and IZA Bonn |
| Year | 2008 |
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| Language | English |
| Copyright | by the author |
