Currency Crises: A Theoretical and Empirical Perspective

ISBN-13: 9781843764335 / Angielski / Twarda / 2003 / 288 str.

Opis

This volume asserts that models concerning the outbreak and the propagation of currency crises share many similarities and may therefore be studied together. Theoretical developments in the currency crises literature lead to three distinct types of models. The authors focus on these first, second and third-generation models of currency crises and also discuss the role of the international financial system in preventing currency crises.