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Speculative Attacks and Models of Balance of Payments Crises
By:Mr. Robert P. Flood,Jagdeep S. Bhandari,Pierre-Richard Agénor
Published on 1991-10-01 by International Monetary Fund

This paper reviews recent developments in the theoretical and empirical analysis of balance-of-payments crises. A simple analytical model highlighting the process leading to such crises is first developed. The basic framework is then extended to deal with a variety of issues, such as: alternative post-collapse regimes, uncertainty, real sector effects, external borrowing and capital controls, imperfect asset substitutability, sticky prices, and endogenous policy switches. Empirical evidence on the collapse of exchange rate regimes is also examined, and the major implications of the analysis for macroeconomic policy discussed.

This Book was ranked at 24 by Google Books for keyword Currency crisis.

Book ID of Speculative Attacks and Models of Balance of Payments Crises's Books is Up707_SvfwkC, Book which was written byMr. Robert P. Flood,Jagdeep S. Bhandari,Pierre-Richard Agénorhave ETAG "ZBK4oO4sl40"

Book which was published by International Monetary Fund since 1991-10-01 have ISBNs, ISBN 13 Code is 9781455286850 and ISBN 10 Code is 1455286850

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