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Finanial Policy and Speculative Runs with a Crawling Peg: Argentina 1979-1981

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NBER1987-09-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w2376
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In this paper we present a model of a balance-of-payments crisis and use it to examine the Argentine experiment with a crawling peg between December 1978 and February 1981. The approach taken allows us to examine the evolution of a crisis when the collapse is not a perfectly-foreseen event. The
提供机构:
美国国家经济研究局
创建时间:
1987-09-01
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