000			00283nam a2200121Ia 4500
999			_c147749 _d147749
020			_a9781843764335
040			_cCUS
082			_a332 _bFOU/C
100			_aFourcans, Andre
245		0	_aCurrency crisis: a theoretical and empirical perspective/ _cAndre Fourcans and Raphel Franck
260			_aCheltenham: _bEdward Elgar, _c2003.
300			_axvi, 261 p. ; _c24 cm.
440			_a(New horizons in money and finance)
505			_aFirst-Generation Models of Currency Crises -- Main Assumptions of First-generation Models -- The growth in domestic credit -- The outbreak of speculative attacks -- Aspects of the Policymaker's Behaviour -- Defences against speculative attacks -- The choice of an exchange rate regime after speculative attacks -- Speculative attacks in a stochastic framework -- Extensions of First-generation Models -- Fiscal sources of speculative attacks -- Real effects of currency crises -- Influence of the banking sector -- Coordination of speculative attacks and contagion -- Second-Generation Models of Currency Crises -- Self-fulfilling Expectations and the Outbreak of Currency Crises -- Self-fulfilling speculative attacks -- Escape clause models -- Self-fulfilling Expectations and Currency Crisis Contagion -- Main assumptions of pure contagion models -- Pure contagion of currency crises -- The Relevance of Second-generation Models -- Regulatory implications of second-generation models -- Empirical assessments of currency crises -- Theoretical and empirical problems with multiple equilibria -- Third-Generation Models of Currency Crises -- Economic Policy Tradeoffs and the Outbreak of Currency Crises -- The policymaker's optimal commitment to exchange rate stability -- Exchange-rate based stabilisation plans and currency crises -- Optimal monetary policy and the interest rate defence of the fixed exchange rate system -- The policymaker's reputation -- Deteriorated Fundamentals and Currency Crisis Contagion -- Models of 'common shocks'.
650			_aFinancial crises--Mathematical models
700			_aFranck, Raphel
942			_cWB16