Macro Musings with David Beckworth cover image

Emilio Ocampo on Dollarization and the State of the Argentine Economy

Macro Musings with David Beckworth

CHAPTER

Time Inconsistency and Economic Policy

This chapter explores the challenges of time inconsistency in economic policymaking, using Argentina as a key example. It discusses the role of commitment devices in addressing these challenges and the implications of institutional integrity in maintaining fiscal discipline.

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