Exchange rate regimes and fiscal discipline: The role of trade openness
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- 作者：Mohammad Tarequl Hasan Chowdhurya ; b ; Prasad Sankar Bhattacharyac ; Debdulal Mallickc ; Mehmet Ali Ulubaşoğluc ; mehmet.ulubasoglu@deakin.edu.au" class="auth_mail" title="E-mail the corresponding author
- 关键词：Exchange rate regimes ; Fiscal discipline ; Trade openness ; Budget balance
- 刊名：International Review of Economics & Finance
- 出版年：2016
- 出版时间：September 2016
- 年：2016
- 卷：45
- 期：Complete
- 页码：106-128
- 全文大小：1115 K
文摘
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Trade openness moderates the effect of exchange rate regimes on fiscal discipline.
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Fixed regimes are more disciplinary at low levels of trade openness.
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Flexible regimes are more disciplinary at high levels of trade openness.
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These findings are applicable to developing countries only.