BestMasters: Theory and Empirical Evidence

Zenker, Anja

Speculative currency crises seem to have become a common and inevitable phenomenon in the international monetary system. Against this background, various approaches have been developed by economists to cover the broad range of situations in which balance-of-payments crises occurred. Anja Zenker provides a comprehensive insight into the body of theoretical and empirical literature about currency speculation in fixed exchange rate regimes. The author discusses different generations of theoretical models and their empirical relevance in recent currency crises. Moreover, she considers diverse policy options which attempt to avoid speculative attacks on exchange rate pegs.

Details

Published by: Springer Gabler

Publication Date: 2014-01-21

Format: Paperback

ISBN-13: 9783658048280

DOI: 10.1007/978-3-658-04829-7

Dimensions: 210cm x148cm

Pages: 133