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The Political Economy Of Delayed Stabilizations


The Political Economy Of Delayed Stabilizations
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The Political Economy Of Delayed Stabilizations


The Political Economy Of Delayed Stabilizations
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Author : Raúl Labán M.
language : en
Publisher:
Release Date : 1993

The Political Economy Of Delayed Stabilizations written by Raúl Labán M. and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with categories.




The Political Economy Of Delayed Stabilizations


The Political Economy Of Delayed Stabilizations
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Author : Raúl Labán
language : en
Publisher:
Release Date : 1993

The Political Economy Of Delayed Stabilizations written by Raúl Labán and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with categories.




Why Are Stabilizations Delayed


Why Are Stabilizations Delayed
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Author : Alesina, Alberto
language : en
Publisher: London, Ont. : University of Western Ontario, Political Economy Research Group
Release Date : 1990

Why Are Stabilizations Delayed written by Alesina, Alberto and has been published by London, Ont. : University of Western Ontario, Political Economy Research Group this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with categories.




Why Are Stabilizations Delayed


Why Are Stabilizations Delayed
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Author : Alberto Alesina
language : en
Publisher: London, Ont. : University of Western Ontario, Political Economy Research Group
Release Date : 1989

Why Are Stabilizations Delayed written by Alberto Alesina and has been published by London, Ont. : University of Western Ontario, Political Economy Research Group this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Budget deficits categories.


When a stabilization has significant distributional implications (as in the case of tax increases to eliminate a large budget deficit) different socio-economic groups will attempt to shift the burden of stabilization onto other groups. The process leading to a stabilization becomes a "war of attrition", with each group finding it rational to attempt to wait the others out. Stabilization occurs only when one group concedes and is forced to bear a disproportionate share of the burden of fiscal adjustment. We solve for the expected time of stabilization in a model of "rational" delay based on a war of attrition and present comparative statics results relating the expected time of stabilization to several political and economic variables. We also motivate this approach and its results by comparison to historical episodes



Papers In Political Economy 1 4 Why Are Stabilizations Delayed Alberto Alesina Allan Drazen The Debate Over Electoral Systems


Papers In Political Economy 1 4 Why Are Stabilizations Delayed Alberto Alesina Allan Drazen The Debate Over Electoral Systems
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Author : University of Western Ontario. Political Economy Research Group
language : en
Publisher:
Release Date : 1990

Papers In Political Economy 1 4 Why Are Stabilizations Delayed Alberto Alesina Allan Drazen The Debate Over Electoral Systems written by University of Western Ontario. Political Economy Research Group and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with categories.




The Political Economy Of Inflation And Stabilization In Middle Income Countries


The Political Economy Of Inflation And Stabilization In Middle Income Countries
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Author : Stephan Haggard
language : en
Publisher: World Bank Publications
Release Date : 1990

The Political Economy Of Inflation And Stabilization In Middle Income Countries written by Stephan Haggard and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Developing countries categories.


Macroeconomic stability is most precarious, and stabilization most likely to be delayed, where the party system is fragmented or polarized.



The Political Economy Of Stabilization In Small Low Income Trade Dependent Nations


The Political Economy Of Stabilization In Small Low Income Trade Dependent Nations
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Author : Joan M. Nelson
language : en
Publisher:
Release Date : 1984

The Political Economy Of Stabilization In Small Low Income Trade Dependent Nations written by Joan M. Nelson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with Economic stabilization categories.




Crisis Stabilization And Economic Reform


Crisis Stabilization And Economic Reform
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Author : Michael Bruno
language : en
Publisher: Oxford University Press
Release Date : 1993

Crisis Stabilization And Economic Reform written by Michael Bruno and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Business & Economics categories.


Considers the phenomenon of the high inflation processes of the 1970s and 1980s as exemplified by Argentina, Brazil and Israel. The author examines common characteristics of such processes and their possible cures, focusing on the Israeli experience of the political economy of stabilization.



The Political Economy Of Failed Stabilization


The Political Economy Of Failed Stabilization
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Author : Francisco José Veiga
language : en
Publisher:
Release Date : 2003

The Political Economy Of Failed Stabilization written by Francisco José Veiga and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with categories.


This paper is an empirical analysis of the likelihood of failure of inflation stabilization programs. Logit models are estimated on a dataset of 39 programs implemented in 10 countries since the late 1950s, in order to determine which economic and political variables affect the probability of failure of stabilizations. Besides the well-known effects of real exchange rate appreciation, decreasing foreign reserves, budget deficits and slower GDP growth, I find that political instability, party fractionalization, less pluralism or democracy (greater autocracy), longer time in office and leftist incumbents also increase the probability of failure of inflation stabilization plans.



The Political Economy Of Federal Systems In Times Of Economic Crisis


The Political Economy Of Federal Systems In Times Of Economic Crisis
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Author : Daniel Nadler
language : en
Publisher:
Release Date : 2015

The Political Economy Of Federal Systems In Times Of Economic Crisis written by Daniel Nadler and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.