Speculative Attacks

A brief survey of the literature on speculative attacks is provided. The nature and causes of balance-of-payments crises, the implications for the behavior of the current account and the real exchange rate are discussed. Also, potential areas for future research on balance-of-payments crises are suggested.
Publication date: January 1991
ISBN: 9781451926514
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Money and Monetary Policy , exchange rate , speculative attack , domestic credit , speculative attacks , exchange rate regime

Summary