000 -LEADER |
fixed length control field |
01740naa a2200193uu 4500 |
001 - CONTROL NUMBER |
control field |
10653 |
003 - CONTROL NUMBER IDENTIFIER |
control field |
OSt |
005 - DATE AND TIME OF LATEST TRANSACTION |
control field |
20190211155120.0 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
fixed length control field |
030131s2005 xx ||||gr |0|| 0 eng d |
999 ## - SYSTEM CONTROL NUMBERS (KOHA) |
Koha Dewey Subclass [OBSOLETE] |
PHL2MARC21 1.1 |
041 ## - LANGUAGE CODE |
Language code of text/sound track or separate title |
eng |
100 1# - MAIN ENTRY--PERSONAL NAME |
Personal name |
CLARK, William Roberts |
9 (RLIN) |
2239 |
245 10 - TITLE STATEMENT |
Title |
Mobile capital , domestic institutions, and electorally induced monetary and fiscal policy |
260 ## - PUBLICATION, DISTRIBUTION, ETC. |
Date of publication, distribution, etc. |
2000 |
520 3# - SUMMARY, ETC. |
Summary, etc. |
The literature on global integration and national policy autonomy often ignores a central result from open economy macroeconomics: capital mobility constrains monetary policy when the exchange rate is fixed and fiscal policy when the exchange rate is flexible. Similarly, examinations of the electoral determinants of monetary and fiscal policy typically ignore international pressures altogether. We develop a formal model to analyze the interaction between fiscal and monetary policymarkers under various exchange rate regimes and the degrees of central bank independence. We test the model using data from OECD countries. We find evidence that preelectoral monetray expansions occur only when the eschenge rate is flexible and central bank independence is low; preelectoral fiscal expansions occur when the exchange rate is fixed. We then explore the implications of our model for arguments that emphasize the partisan sources is fixed. We then explore the implications of our model for arguments that emphasize the partisan sources of macroeconomic policy and for the conduct of fiscal policy after economic and monetary union in Europe |
700 1# - ADDED ENTRY--PERSONAL NAME |
Personal name |
HALLERBERG, Mark |
9 (RLIN) |
17179 |
773 08 - HOST ITEM ENTRY |
Title |
American Political Science Review |
Related parts |
94, 2, p. 323-346 |
Place, publisher, and date of publication |
, 2000 |
Record control number |
|
942 ## - ADDED ENTRY ELEMENTS (KOHA) |
Koha item type |
Periódico |
998 ## - LOCAL CONTROL INFORMATION (RLIN) |
-- |
20030131 |
Operator's initials, OID (RLIN) |
Cassio |
Cataloger's initials, CIN (RLIN) |
Cassio |
998 ## - LOCAL CONTROL INFORMATION (RLIN) |
-- |
20060724 |
Operator's initials, OID (RLIN) |
1621^b |
Cataloger's initials, CIN (RLIN) |
Quiteria |