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- W2592370917 abstract "Formal models of currency crises have shown that inconsistencies between countries' domestic and exchange rate policies are a major cause of currency crises. To understand why such prolonged inconsistencies exist, we need to go beyond standard economic models and take political economy and behavioral considerations into account. We sketch out ways in which such considerations can be taken into account and highlight recent research that is useful for this project. We also offer some directions for future research and a brief guide to the empirical identification of currency crises and to the measurements of some of the relevant political and economic policy variables." @default.
- W2592370917 created "2017-03-16" @default.
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- W2592370917 date "2017-02-01" @default.
- W2592370917 modified "2023-09-26" @default.
- W2592370917 title "Policy Inconsistencies and the Political Economy of Currency Crises" @default.
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- W2592370917 doi "https://doi.org/10.1142/s1793993317500041" @default.
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