On the Fundamentals of Self-Fulfilling Speculative Attacks
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https://www.nber.org/papers/w7554
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资源简介：
This paper proposes a theory of twin banking-currency crises in which both fundamentals and self-fulfilling beliefs play crucial roles. Fundamentals determine whether crises will occur. Self-fulfilling beliefs determine when they occur. The fundamental that causes twin crises' is government
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美国国家经济研究局创建时间：
2000-02-01
