Spreading Currency Crises : The Role of Economic Interdependence /

We analyze in this paper how the mutual dependence of private sector expectations in different countries on one another influences the stability of fixed exchange rate regimes. The crisis probabilities of countries trading with one another are interdependent because wage setters react to an imminent...

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Bibliografiske detaljer
Hovedforfatter: Berger, Wolfram
Andre forfattere: Wagner, Helmut
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2002.
Serier:IMF Working Papers; Working Paper ; No. 2002/144
Online adgang:Full text available on IMF

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