Exchange Market Pressures and Speculative Capital Flows in Selected European Countries /

This paper estimates a speculative attack model of currency crises in an attempt to identify the roles of macroeconomic fundamentals and speculative market pressures in the recent crisis, as well as earlier devaluations in adjustable fixed exchange rate systems in the European currency markets. For...

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Détails bibliographiques
Auteur principal: Pazarbasioglu, Ceyla
Autres auteurs: Otker, Inci
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 1994.
Collection:IMF Working Papers; Working Paper ; No. 1994/021
Accès en ligne:Full text available on IMF