International Financial Markets as Sources of Crises Or Discipline: The Too Much, Too Late HypothesisInternational Finance Section, 2000 - 44 páginas |
Términos y frases comunes
Asia Asian crisis assumption bailouts Bank Barry Eichengreen Brazilian Calvo caused Claremont Claremont Graduate University contagion effects countries credibility Currency Crises current-account deficit depreciation destabilizing speculation devaluation Disaster Myopia dollar Dornbusch Economic Policy economists Emerging Markets equilibrium ESSAYS IN INTERNATIONAL estimates of overvaluation excessive exchange-rate expectations farsighted FINANCE SECTION DEPARTMENT financial-market fiscal foreign-exchange future costs Goldfajn Goldstein Herd Behavior high capital mobility IMF programs incentives Indonesia Indonesian rupiah inflation inflows initial interest rates international capital flows International Economics International Finance Section international financial crises international financial markets International Monetary Fund investors irrational Journal Korea late hypothesis macroeconomic macroeconomic policies Malaysian ringgit market overreaction mental models Mexican crisis Mexican Peso Mexico Nominal Anchors Obstfeld overshooting pegged exchange rates Pesenti problems publications rational recent crises risk premia role rupiah Russian shock short time horizons short-term speculative attacks stabilizing strategies substantial suggests Suharto Thai Thailand Thomas tional Valdés Willett Wyplosz