Policy Implications of "Second-Generation" Crisis Models /
After the speculative attacks on government-controlled exchange rates in Europe and in Mexico, economists began to develop models of currency crises with multiple solutions. In these models, a currency crisis occurs when the economy suddenly jumps from one solution to another. This paper examines on...
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Format: | Revue |
Langue: | English |
Publié: |
Washington, D.C. :
International Monetary Fund,
1997.
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Collection: | IMF Working Papers; Working Paper ;
No. 1997/016 |
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Accès en ligne: | Full text available on IMF |