Speculative attacks : fundamentals and self-fulfilling prophecies

Speculative attacks : fundamentals and self-fulfilling prophecies
Author: Robert P. Flood
Publisher:
Total Pages: 31
Release: 1996
Genre:
ISBN:

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Speculative attacks : fundamentals and self-fulfilling prophecies
Language: en
Pages: 31
Authors: Robert P. Flood
Categories:
Type: BOOK - Published: 1996 - Publisher:

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Self-Fulfilling Risk Predictions
Language: en
Pages: 40
Authors: Robert P. Flood
Categories: Business & Economics
Type: BOOK - Published: 1998-08 - Publisher: International Monetary Fund

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Currency crises in Europe and Mexico, as well as those unfolding in Asia, have renewed efforts to understand and control the forces underlying speculative attac
Self-Fulfilling Risk Predictions
Language: en
Pages: 35
Authors: Mr.Robert P. Flood
Categories: Business & Economics
Type: BOOK - Published: 1998-08-01 - Publisher: International Monetary Fund

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The paper shows that changing market beliefs about currency risk can generate a self-fulfilling speculative attack on a fixed exchange rate. The attack does not
Contagion
Language: en
Pages: 33
Authors: Mr.Paul R. Masson
Categories: Business & Economics
Type: BOOK - Published: 1998-09-01 - Publisher: International Monetary Fund

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Several concepts of contagion are distinguished. It is argued that only models that admit of multiple equilibria are capable of producing true contagion. A simp
Speculative Bubbles, Speculative Attacks, and Policy Switching
Language: en
Pages: 528
Authors: Robert P. Flood
Categories: Business & Economics
Type: BOOK - Published: 1994 - Publisher: MIT Press

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The papers in this book are grouped into three sections: the first on price bubbles is primarily financial; the second on speculative attacks (on exchange rate