Perspectiveson the Recent Currency Crisis Literature

preview-18
  • Perspectiveson the Recent Currency Crisis Literature Book Detail

  • Author : Mr.Robert P. Flood
  • Release Date : 1998-09-01
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 52
  • ISBN 13 : 1451855168
  • File Size : 87,87 MB

Perspectiveson the Recent Currency Crisis Literature by Mr.Robert P. Flood PDF Summary

Book Description: In the 1990s, currency crises in Europe, Mexico, and Asia have drawn worldwide attention to speculative attacks on government-controlled exchange rates and have prompted researchers to undertake new theoretical and empirical analysis of these events. This paper provides some perspective on this work and relates it to earlier research. It derives the optimal commitment to a fixed exchange rate and proposes a common framework for analyzing currency crises. This framework stresses the important role of speculators and recognizes that the government’s commitment to a fixed exchange rate is constrained by other policy goals. The final section finds that some crises may be particularly difficult to predict using currently popular methods.

Disclaimer: www.yourbookbest.com does not own Perspectiveson the Recent Currency Crisis Literature books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Banking Crises

Banking Crises

File Size : 61,61 MB
Total View : 3640 Views
DOWNLOAD

Why do banks collapse? Are financial systems more fragile in recent decades? Can policies to fix the banking system do more harm than good? What's the history o