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dc.contributor.authorHefeker, Carstenen_US
dc.description.abstractThe paper analyzes the relation between institutional quality, such as corruption, in a country and its monetary regime. It is shown that a credibly …xed exchange rate to a low in‡ation country, like a currency board, can reduce corruption and improve the …scal system. A monetary union, however, has ambiguous e¤ects. I …nd that that there is convergence between countries with regard to the level of corruption.en_US
dc.publisherUniv., Dep. of Business Administration & Economics Marburgen_US
dc.relation.ispartofseriesJoint discussion paper series in economics 2009,11en_US
dc.subject.keywordExchange Rate Regimeen_US
dc.subject.keywordMonetary Policyen_US
dc.subject.keywordFiscal Policyen_US
dc.subject.keywordSeigniorage, Corruptionen_US
dc.subject.keywordDeveloping and Transition Countriesen_US
dc.titleTaxation, corruption and the exchange rate regimeen_US
dc.typeWorking Paperen_US
Appears in Collections:MAGKS Joint Discussion Paper Series in Economics, Universität Marburg

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