The Mexican Peso Crisis: Sudden Death or Death Foretold?
收藏NBER1996-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w5563
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资源简介:
We argue that allowing for the possibility of a self-fulfilling panic helps in understanding several features of the recent Mexican crisis. Self-fulfilling expectations became decisive in generating a panic only after the government ran down gross reserves and ran up short-term dollar debt. We
提供机构:
美国国家经济研究局
创建时间:
1996-05-01



