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Private and Public Information in Self-fulfilling Currency Crises

โœ Scribed by Christina E. Metz


Book ID
107706666
Publisher
Springer Vienna
Year
2002
Tongue
English
Weight
179 KB
Volume
76
Category
Article
ISSN
1617-7134

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A stochastic model of self-fulfilling cr
โœ Tobias Adrian; Daniel Gros ๐Ÿ“‚ Article ๐Ÿ“… 1999 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 236 KB ๐Ÿ‘ 2 views

been thoroughly investigated in the recent literature on speculative attacks. We find that an increase in uncertainty makes self-fulfilling speculative attacks less likely. Depending on the benefits of keeping exchange rates fixed, there are two possibilities: for low benefits, an increase in uncert