Shadow rates and multiple equilibria in the theory of currency crises

Author:

Cavallari Lilia,Corsetti Giancarlo

Publisher

Elsevier BV

Subject

Economics and Econometrics,Finance

Reference24 articles.

1. The Instability of Fixed Exchange Rate Systems when Raising the National Interest Rate is Costly;Bensaid;European Economic Review,1997

2. Borrowing to Defend the Exchange Rate and the Timing and Magnitude of Speculative Attacks;Buiter;Journal of International Economics,1987

3. Buiter, W.H., Corsetti, G., Pesenti, P., 1998. Interpreting the ERM Crisis: Country-specific and Systemic Issues, Princeton Studies in International Finance, 84, Princeton University, Princeton.

4. Financial Markets and European Monetary Coordination: The Lessons from the 92–93 crisis;Buiter,1998

5. Fiscal Policies and the Choice of the Exchange Rate Regime;De Kock;The Economic Journal,1989

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