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Credibility and the design of regulatory agencies in Brazil

ABSTRACT In this paper we model the process of regulatory agency design, focusing on the role of credibility. The government is constrained in the sense that it must create regulatory institutions that allow it to commit to not administratively expropriate investors. The model explains both the pref...

Disgrifiad llawn

Wedi'i Gadw mewn:
Manylion Llyfryddiaeth
Prif Awduron: Bernardo Mueller, Carlos Pereira
Fformat: Artigo
Iaith:Inglês
Cyhoeddwyd: Centro de Economia Política 2020-09-01
Cyfres:Brazilian Journal of Political Economy
Pynciau:
Mynediad Ar-lein:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572002000300449&tlng=en
Tagiau: Ychwanegu Tag
Dim Tagiau, Byddwch y cyntaf i dagio'r cofnod hwn!