@inproceedings{Hefeker2008Taxation,
abstract = {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 nd that that there is convergence between countries with regard to the level of corruption.},
address = {G\"{o}ttingen},
author = {Carsten Hefeker},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {D72; E63; F33; 330; Exchange Rate Regime; Monetary Policy; Fiscal Policy; Seigniorage; Corruption; Developing and Transition Countries},
language = {eng},
number = {17},
publisher = {Verein f\"{u}r Socialpolitik, Ausschuss f\"{u}r Entwicklungsl\"{a}nder},
series = {Proceedings of the German Development Economics Conference, Z\"{u}rich 2008},
title = {Taxation, Corruption and the Exchange Rate Regime},
url = {http://hdl.handle.net/10419/39898},
year = {2008}
}
