Collapse of a Crawling Peg Regime in the Presence of a Government Budget Constraint /
This study extends the research on balance-of-payments crises by investigating the dynamics of the collapse of a crawling exchange rate in the presence of an explicit link between the fiscal deficit and domestic credit. It shows that such an exchange rate regime is characterized by two potential ste...
| Hovedforfatter: | Savastano, Miguel |
|---|---|
| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
1991.
|
| Serier: | IMF Working Papers; Working Paper ;
No. 1991/042 |
| Online adgang: | Full text available on IMF |
Lignende værker
-
Exits From Pegged Regimes : An Empirical Analysis /
af: Otker, Inci
Udgivet: (2003) -
To Peg or Not to Peg : A Template for Assessing the Nobler /
af: Husain, Aasim
Udgivet: (2006) -
Are Pegged and Intermediate Regimes More Crisis Prone? /
af: Bubula, Andrea
Udgivet: (2003) -
Fiscal Constraints of a Fixed Exchange Rate Regime.
Udgivet: (1989) - The Newsletter of PEGS