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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Автор: Pazarbasioglu, Ceyla
Інші автори: Otker, Inci
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 1994.
Серія:IMF Working Papers; Working Paper ; No. 1994/021
Онлайн доступ:Full text available on IMF