A Model of the Joint Distribution of Banking and Exchange-Rate Crises /

We develop a simple framework for studying the joint distribution of banking and currency crises triggered by real shocks. Our framework illustrates the fact that bank and currency collapses are related but they are not the same thing. Studying currency and bank collapses either in isolation or in p...

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Dettagli Bibliografici
Autore principale: Marion, Nancy
Altri autori: Flood, Robert
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2001.
Serie:IMF Working Papers; Working Paper ; No. 2001/213
Accesso online:Full text available on IMF