Dokument
| Titel: | Taxation, Corruption and the Exchange Rate Regime |
| Autor: | Hefeker, Carsten |
| Veröffentlicht: | 2009 |
| URI: | https://archiv.ub.uni-marburg.de/es/2023/0225 |
| DOI: | https://doi.org/10.17192/es2023.0225 |
| ISSN: | 1867-3678 |
| DDC: | 330 Wirtschaft |
| Publikationsdatum: | 2023-12-21 |
| Lizenz: | https://creativecommons.org/publicdomain/mark/1.0 |
| Schlagwörter: |
|---|
| Fiscal Pol- icy, Corruption, Exchange Rate Regime, Seigniorage, Monetary Policy, Developing and Transition Countries. |
Summary:
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 that
there is convergence between countries with regard to the level of
corruption.
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