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Political Contagion in Currency Crises

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NBER1999-07-01 更新2025-01-04 收录
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Existing models of contagious currency crises are summarized and surveyed, and it is argued that more weight should be put on political factors. Towards this end, the concept of political contagion introduced, whereby contagion in speculative attacks across currencies arises solely because of

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1999-07-01
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