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...

Descrición completa

Detalles Bibliográficos
Autor Principal: Marion, Nancy
Outros autores: Flood, Robert
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 1997.
Series:IMF Working Papers; Working Paper ; No. 1997/016
Subjects:
Acceso en liña:Full text available on IMF