Results 331 to 340 of about 1,354,476 (351)

The Thai Currency Crisis in Hindsight

SSRN Electronic Journal, 2007
If the financial press had been paying attention to some crucial barometers of currency instability in Thailand last year, the ensuing crisis in Asia would perhaps not have been so much of a surprise. On July 2, 1997, the Thai government allowed the Baht to float against the Dollar for the first time in a decade.
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Uniqueness in currency crisis models

International Advances in Economic Research, 2003
Speculative attack models typically have multiple equilibrium solutions. When choosing the equilibrium strategy a trader faces Knightian uncertainty about the choice of the other traders. We show that the concept of Choquet expected utility maximization under Knightian uncertainty leads to unique equilibria.
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The Russian Currency Crisis of 1998

2003
This chapter addresses and attempts to answer three questions. What was the fundamental nature of the Russian crisis in 1998? How effective was crisis management in the crisis? What were the consequences of the crisis for the Russian economy? Section 11.1 describes the unsuccessful stabilization efforts in the aftermath of the economic and political ...
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The Moldovan Currency Crisis of 1998

2003
Moldova’s major currency crisis came on the heels of the August 1998 Russian crisis. The crisis led to the rapid depreciation of the domestic currency and dramatic changes in the structure of the balance of payments. Capital flight brought the country to the verge of default.
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The Ukrainian Currency Crisis of 1998

2003
The currency crisis in Ukraine can be explained in terms of the first generation model. The causes of the Ukrainian currency crisis were mostly domestic. The crisis in Russia, Ukraine’s main trading partner, merely accelerated some processes rather than causing them.
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Output Costs of Currency Crisis and Banking Crisis: Shocks, Policies and Cycles

Comparative Economic Studies, 2018
Ryota Nakatani
semanticscholar   +1 more source

Currency Crisis in Developing Countries

2016
Currency crises have been the subject of an extensive economic literature, both theoretically and empirically. The purpose of this chapter is to examine and investigate the causes of currency and associated crises, evaluates the accuracy of empirical models in predicting crises, and review works on measuring the consequences of crises on the real ...
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‘Burgernomics’ and the ASEAN Currency Crisis

2003
The decimation of ASEAN currency markets in 1997 shows why Big Macs should be a staple item in every economist’s diet …
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The Effects of Productivity Shocks, Financial Shocks, and Monetary Policy on Exchange Rates: An Application of the Currency Crisis Model and Implications for Emerging Market Crises

, 2017
Ryota Nakatani
semanticscholar   +1 more source

Structural vulnerability and resilience to currency crisis: Foreign currency debt versus export

, 2017
Ryota Nakatani
semanticscholar   +1 more source