This paper estimates a speculative attack model of currency crises in order to identify the role of economic fundamentals and any early warning signals of a pot

Table of contents

The management of financial crises in emerging markets is a vital and high-stakes challenge in an increasingly global economy. For this reason, it's also a high

There is no universally accepted definition of a currency crisis, but most would agree that they all involve one key element: investors fleeing a currency en ma

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