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Information Dissemination in Currency Crises
By:Christina Evelies Metz
Published on 2012-12-06 by Springer Science & Business Media

As the complexity of financial markets keeps growing, so does the need to understand the decision-making and the coordination of the exsuing actions in the marketplace. In particular, the disclosure of information to market participants and its impact on the market outcome mertis attention. This study analyses the role of private and public information in currency crises. Calls for increased dissemination of economic and policy-related information by central banks notwithstanding, the study shows that transparency is not generally conductive to preventing speculative attacks in fixed exchange-rate regimes. Rather, the role of private and public information in the market-place depencs critically on the prevailing market sentiment. The study also highlights the import of market transparency design in an environment that allows for herding and market leadership of individual speculators.
This Book was ranked at 34 by Google Books for keyword Currency crisis.
Book ID of Information Dissemination in Currency Crises's Books is gRL2CAAAQBAJ, Book which was written byChristina Evelies Metzhave ETAG "l20XgvEcgXI"
Book which was published by Springer Science & Business Media since 2012-12-06 have ISBNs, ISBN 13 Code is 9783642554711 and ISBN 10 Code is 3642554717
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Book which have "236 Pages" is Printed at BOOK under CategoryBusiness and Economics
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