The Partisan Reversal: Partisanship and Exchange Rate Policy in Closed and Open Economies

• In Event: The Politics of Debt and Exchange Rates

Brief Overview

Political parties strongly influence exchange rate policy. Specifically, rising international capital mobility has reversed which parties maintain overvalued exchange rates and which maintain undervalued exchange rates.

Authors

• Andrew Rys, Johns Hopkins University

• David A. Steinberg, Johns Hopkins University