- On the Fiscal Implications of Twin Crises🔍
- Politically generated uncertainty and currency crises🔍
- A Survey on Recent Theories and Empirical Analyses Regarding ...🔍
- On currency crises and contagion🔍
- An Early Warning System for Currency Crises in Emerging Countries🔍
- Exchange Rate Crises in Emerging Markets🔍
- Leading Indicators of Currency Crises🔍
- Journal of International Economics 43 🔍
The Logic of Currency Crises
On the Fiscal Implications of Twin Crises | Chicago Scholarship Online
This chapter examines the implications of different strategies for financing the fiscal costs of the twin crises of inflation and currency depreciation in ...
Politically generated uncertainty and currency crises: Theory, tests ...
A shift from unified to divided government raises the probability of a currency crisis by 7.5%. An increase in government turnover from 0 to 1 increases the ...
A Survey on Recent Theories and Empirical Analyses Regarding ...
Economic Theory on Currency Crises…………………………………………… 4. 2.1 Currency Crisis Theories Before the Asian Currency Crisis…
On currency crises and contagion - European Central Bank
The model has a remarkably good predictive power for the 1997-98 Asian crisis. The findings suggest that in particular the degree of financial interdependence ...
An Early Warning System for Currency Crises in Emerging Countries
A currency crisis is a situation where speculative attacks on the currency lead to exchange rate depreciation or force the government to protect ...
Exchange Rate Crises in Emerging Markets: An Empirical Treatment
The combination of high indebtedness with an increase in foreign interest rates seems to be a recipe for a currency crisis. Many of the composition variables ...
Leading Indicators of Currency Crises
The turbulence and collapse of the European Exchange Rate Mechanism in 1992-93 and the onset of the Mexican crisis in December 1994 have rekindled interest in ...
Journal of International Economics 43 (1997) 263-286
According to them, the adequate way to avoid currency crises is to implement fiscal and monetary policies which make the commitment to the exchange rate ...
Information Cascades and Currency Crises: A Theoretical Analysis
Recent turbulence in the financial markets, especially the financial, banking and exchange rate crises that hit East and South-East Asia, demonstrated the ...
Currency Crisis | 60 Second Economics | A Level & IB - YouTube
A currency crisis is a sharp and sudden decline in the value of a country's currency, leading to a loss of confidence among investors and a ...
Exchange Rate Crises and Fiscal Solvency - DANIEL - 2010
This paper combines insights from generation one currency crisis models and the fiscal theory of the price level (FTPL) to create a dynamic FTPL ...
1This paper was prepared for the NBER Currency Crises Prevention ...
The 1990s emerging-markets crises were characterized by sudden reversals in inflows of foreign capital followed by unusually large declines in current account.
Currency Crisis in Bangladesh Economy: Some Insights
Many countries around the world have faced currency crisis where they experienced substantial devaluation of local currency vis-à-vis some strong international ...
What is a Currency Crisis? - Definition & Examples - Study.com
That is to say there is a sudden and often severe drop in the value of a currency. For example, let's say that you have 1 U.S. dollar. We'll pretend that for 1 ...
Nominal Debt and the Dynamics of Currency Crises - EliScholar
We study the interaction of fiscal and monetary policies during a currency crisis in an economy with government nominal liabilities. We show that the stock and ...
Currency Crisis Revisited: A Literature Review - Danubius Journals
In this context the paper reveals that currency crisis are associated with all factors impacting them such as inflation, real exchange rate, import growth, US ...
Financial and currency crises in Latin America - INCT/PPED
These two waves of financial crises share a common feature: the fact that they were preceded by booms of capital inflows. Each financial crisis has its own ...
The Economics of Currency Crises and Contagion: An Introduction
that weak or unsustainable economic policies are the cause of exchange rate instability. These models provide a partial explanation of the Asian currency crisis ...
Three types of currency crisis models coexist in the literature: first generation models view speculative attacks as being caused by economic fundamentals.
The twin crises: The causes of banking and balance of payments ...
This paper analyzes the links between banking and currency crises. We find that: problems in the banking sector typically precede a currency crisis.