The Mexican Peso Crisis : Overview and Analysis of Credibility Factors /

This paper examines credibility and reputational factors in explaining the December 1994 crisis of the Mexican peso. After reviewing events leading to the crisis, a model emphasizing the inflation-competitiveness trade-off is presented to explain the formation of devaluation expectations. Estimation...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Masson, Paul
مؤلفون آخرون: Agenor, Pierre-Richard
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1996.
سلاسل:IMF Working Papers; Working Paper ; No. 1996/006
الوصول للمادة أونلاين:Full text available on IMF