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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w3919 |
来源ID | Working Paper 3919 |
Speculative Attacks and Models of Balance-of-Payments Crises | |
Pierre-Richard Agenor; Jagdeep S. Bhandari; Robert P. Flood | |
发表日期 | 1991-11-01 |
出版年 | 1991 |
语种 | 英语 |
摘要 | This paper reviews recent developments in the theoretical and empirical analysis of balance-of-payments crises. A simple analytical model highlighting the process leading to such crises is first developed. The basic framework is then extended to deal with a variety of issues, such as: alternative post-collapse regimes, uncertainty, real sector effects, external borrowing and capital controls, imperfect asset substitutability, sticky prices, and endogenous policy switches. Empirical evidence on the collapse of exchange rate regimes is also examined, and the major implications of the analysis for macroeconomic policy are discussed. |
主题 | International Economics ; International Finance |
URL | https://www.nber.org/papers/w3919 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/561253 |
推荐引用方式 GB/T 7714 | Pierre-Richard Agenor,Jagdeep S. Bhandari,Robert P. Flood. Speculative Attacks and Models of Balance-of-Payments Crises. 1991. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w3919.pdf(2169KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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