The Role of Large Players in Currency Crises
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https://www.nber.org/papers/w8303
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资源简介：
During recent episodes of financial turmoil some policy makers voiced concerns about aggressive, and possibly manipulative, practices by highly leveraged institutions in emerging markets. This paper addresses these concerns by reconsidering in detail, at both theoretical and empirical levels, the
在近期金融动荡事件期间，部分政策制定者对新兴市场中高杠杆机构所采取的激进且可能具有操纵性的行为表达了担忧。本文通过从理论与实证两个层面进行详细的重新审视，来回应这些担忧
提供机构：
美国国家经济研究局
创建时间：
2001-05-01
