Article ID Journal Published Year Pages File Type
5061932 Economics Letters 2008 4 Pages PDF
Abstract

An 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.

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Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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The exchange rate and fiscal consolidation episodes in emerging market economies
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