Ebook Download Perspectiveson the Recent Currency Crisis Literature

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Perspectiveson the Recent Currency Crisis Literature High quality books

Perspectiveson the Recent Currency Crisis Literature
By:Ms. Nancy P. Marion,Mr. Robert P. Flood
Published on 1998-09-01 by International Monetary Fund

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.

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Book which was published by International Monetary Fund since 1998-09-01 have ISBNs, ISBN 13 Code is 9781451900446 and ISBN 10 Code is 1451900449

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