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...

Полное описание

Библиографические подробности
Главный автор: Pazarbasioglu, Ceyla
Другие авторы: Otker, Inci
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 1994.
Серии:IMF Working Papers; Working Paper ; No. 1994/021
Online-ссылка:Full text available on IMF