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Are twin currency and debt crises special?

✍ Scribed by Christian Bauer; Bernhard Herz; Volker Karb


Book ID
116647809
Publisher
Elsevier Science
Year
2007
Tongue
English
Weight
861 KB
Volume
3
Category
Article
ISSN
1572-3089

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## Abstract Though currency and debt crises quite often occur simultaneously, the links between these two types of crises are not well understood. We review how currency and debt crises could be related due to common causes, contagion effects from one crisis to the other, and complementary budget f