This paper takes a new look at the relationship between democracy and exchange rate regimes. Evidence from a cluster analysis and a panel analysis suggests that democracies are not all equally likely to float their exchange rates. While democracies are more likely to float than autocracies are,...

This paper takes a new look at the relationship between democracy and exchange rate regimes. Evidence from a cluster analysis and a panel analysis suggests that democracies are not all equally likely to float their exchange rates. While democracies are more likely to float than autocracies are,...

Purpose – Given the economic downturn, the purpose of this study was to determine if a relationship exists between economic perceptions and consumers' motivation to consume for status and if this relationship was moderated by education level. Design/methodology/approach – A stratified random...