Who Adjusts and When? On the Political Economy of Reforms
收藏NBER2006-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w12049
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资源简介：
Why do countries delay stabilizations of large and increasing budget deficits and inflation? And what explains the timing of reforms? We use the war of attrition model as a guidance for our empirical study on a vast sample of countries. We find that stabilizations are more likely to occur when time
提供机构：
美国国家经济研究局
创建时间：
2006-02-01
