skip to content
Self-fulfilling risk predictions : an application to speculative attacks Preview this item
ClosePreview this item
Checking...

Self-fulfilling risk predictions : an application to speculative attacks

Author: Robert P Flood; Nancy Peregrim Marion; International Monetary Fund. Research Department.
Publisher: [Washington, D.C.] : International Monetary Fund, Research Department, ©1998.
Series: IMF working paper, WP/98/124.
Edition/Format:   eBook : Document : International government publication : EnglishView all editions and formats
Summary:
Currency crises in Europe and Mexico, as well as those unfolding in Asia, have renewed efforts to understand and control the forces underlying speculative attacks on fixed exchange rates. Until the European crises in 1992-93, there was general agreement about the underlying cause of speculative attacks. A country would ultimately face an attack if it ran macroeconomic policies inconsistent in the longer term with  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

Subjects
More like this

 

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Genre/Form: Electronic books
Additional Physical Format: Print version:
Flood, Robert P.
Self-fulfilling risk predictions.
[Washington, D.C.] : International Monetary Fund, Research Department, ©1998
(OCoLC)39948663
Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Robert P Flood; Nancy Peregrim Marion; International Monetary Fund. Research Department.
ISBN: 128205113X 9781282051133
OCLC Number: 647299092
Reproduction Notes: Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010. MiAaHDL
Description: 1 online resource (34 pages) : illustrations.
Details: Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Series Title: IMF working paper, WP/98/124.
Responsibility: prepared by Robert P. Flood and Nancy P. Marion.

Abstract:

Currency crises in Europe and Mexico, as well as those unfolding in Asia, have renewed efforts to understand and control the forces underlying speculative attacks on fixed exchange rates. Until the European crises in 1992-93, there was general agreement about the underlying cause of speculative attacks. A country would ultimately face an attack if it ran macroeconomic policies inconsistent in the longer term with the fixed exchange rate. For example, if a government monetized a large fiscal deficit, excessive money growth would cause its international reserve holdings to decline and eventually trigger an attack by speculators. The government would be forced to abandon the fixed exchange rate and let the currency depreciate. The view that deteriorating fundamentals led to currency crises was formalized in a set of "first-generation" crisis models.1.

Reviews

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.
Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


Primary Entity

<http://www.worldcat.org/oclc/647299092> # Self-fulfilling risk predictions : an application to speculative attacks
    a schema:CreativeWork, schema:Book, schema:MediaObject ;
   library:oclcnum "647299092" ;
   library:placeOfPublication <http://experiment.worldcat.org/entity/work/data/196059536#Place/washington_d_c> ; # Washington, D.C.
   library:placeOfPublication <http://id.loc.gov/vocabulary/countries/dcu> ;
   rdfs:comment "Unknown 'gen' value: igp" ;
   schema:about <http://experiment.worldcat.org/entity/work/data/196059536#Topic/question_monetaire_mexique> ; # Question monétaire--Mexique
   schema:about <http://id.worldcat.org/fast/1211700> ; # Mexico.
   schema:about <http://id.loc.gov/authorities/subjects/sh2009122686> ; # Currency question--Mexico
   schema:about <http://experiment.worldcat.org/entity/work/data/196059536#Topic/taux_de_change_mexique> ; # Taux de change--Mexique
   schema:about <http://experiment.worldcat.org/entity/work/data/196059536#Topic/change_mexique> ; # Change--Mexique
   schema:about <http://experiment.worldcat.org/entity/work/data/196059536#Topic/foreign_exchange_mexico> ; # Foreign exchange--Mexico
   schema:about <http://experiment.worldcat.org/entity/work/data/196059536#Topic/devaluation_mexique> ; # Dévaluation--Mexique
   schema:about <http://experiment.worldcat.org/entity/work/data/196059536#Topic/risque_mexique> ; # Risque--Mexique
   schema:about <http://id.loc.gov/authorities/subjects/sh2009123271> ; # Devaluation of currency--Mexico
   schema:about <http://experiment.worldcat.org/entity/work/data/196059536#Topic/risk_mexico> ; # Risk--Mexico
   schema:about <http://experiment.worldcat.org/entity/work/data/196059536#Topic/financement_par_emprunt_mexique> ; # Financement par emprunt--Mexique
   schema:about <http://experiment.worldcat.org/entity/work/data/196059536#Topic/foreign_exchange_rates_mexico> ; # Foreign exchange rates--Mexico
   schema:about <http://experiment.worldcat.org/entity/work/data/196059536#Topic/debt_financing_mexico> ; # Debt financing--Mexico
   schema:bookFormat schema:EBook ;
   schema:contributor <http://viaf.org/viaf/50151905> ; # Nancy Peregrim Marion
   schema:contributor <http://viaf.org/viaf/151244864> ; # International Monetary Fund. Research Department.
   schema:copyrightYear "1998" ;
   schema:creator <http://experiment.worldcat.org/entity/work/data/196059536#Person/flood_robert_p> ; # Robert P. Flood
   schema:datePublished "1998" ;
   schema:description "Currency crises in Europe and Mexico, as well as those unfolding in Asia, have renewed efforts to understand and control the forces underlying speculative attacks on fixed exchange rates. Until the European crises in 1992-93, there was general agreement about the underlying cause of speculative attacks. A country would ultimately face an attack if it ran macroeconomic policies inconsistent in the longer term with the fixed exchange rate. For example, if a government monetized a large fiscal deficit, excessive money growth would cause its international reserve holdings to decline and eventually trigger an attack by speculators. The government would be forced to abandon the fixed exchange rate and let the currency depreciate. The view that deteriorating fundamentals led to currency crises was formalized in a set of "first-generation" crisis models.1."@en ;
   schema:exampleOfWork <http://worldcat.org/entity/work/id/196059536> ;
   schema:genre "Electronic books"@en ;
   schema:genre "Government publication"@en ;
   schema:inLanguage "en" ;
   schema:isPartOf <http://experiment.worldcat.org/entity/work/data/196059536#Series/imf_working_paper> ; # IMF working paper ;
   schema:isSimilarTo <http://www.worldcat.org/oclc/39948663> ;
   schema:name "Self-fulfilling risk predictions : an application to speculative attacks"@en ;
   schema:productID "647299092" ;
   schema:publication <http://www.worldcat.org/title/-/oclc/647299092#PublicationEvent/washington_d_c_international_monetary_fund_research_department_1998> ;
   schema:publisher <http://experiment.worldcat.org/entity/work/data/196059536#Agent/international_monetary_fund_research_department> ; # International Monetary Fund, Research Department
   schema:url <http://bibpurl.oclc.org/web/24285/wp98124.pdf> ;
   schema:url <http://catalog.hathitrust.org/api/volumes/oclc/39948663.html> ;
   schema:url <http://www.myilibrary.com?id=379858> ;
   schema:url <http://www.myilibrary.com?id=379858&ref=toc> ;
   schema:url <http://www.imf.org/external/pubs/ft/wp/wp98124.pdf> ;
   schema:workExample <http://worldcat.org/isbn/9781282051133> ;
   wdrs:describedby <http://www.worldcat.org/title/-/oclc/647299092> ;
    .


Related Entities

<http://experiment.worldcat.org/entity/work/data/196059536#Agent/international_monetary_fund_research_department> # International Monetary Fund, Research Department
    a bgn:Agent ;
   schema:name "International Monetary Fund, Research Department" ;
    .

<http://experiment.worldcat.org/entity/work/data/196059536#Person/flood_robert_p> # Robert P. Flood
    a schema:Person ;
   schema:familyName "Flood" ;
   schema:givenName "Robert P." ;
   schema:name "Robert P. Flood" ;
    .

<http://experiment.worldcat.org/entity/work/data/196059536#Place/washington_d_c> # Washington, D.C.
    a schema:Place ;
   schema:name "Washington, D.C." ;
    .

<http://experiment.worldcat.org/entity/work/data/196059536#Series/imf_working_paper> # IMF working paper ;
    a bgn:PublicationSeries ;
   schema:hasPart <http://www.worldcat.org/oclc/647299092> ; # Self-fulfilling risk predictions : an application to speculative attacks
   schema:name "IMF working paper ;" ;
    .

<http://experiment.worldcat.org/entity/work/data/196059536#Topic/debt_financing_mexico> # Debt financing--Mexico
    a schema:Intangible ;
   schema:name "Debt financing--Mexico"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/196059536#Topic/devaluation_mexique> # Dévaluation--Mexique
    a schema:Intangible ;
   schema:name "Dévaluation--Mexique"@fr ;
    .

<http://experiment.worldcat.org/entity/work/data/196059536#Topic/financement_par_emprunt_mexique> # Financement par emprunt--Mexique
    a schema:Intangible ;
   schema:name "Financement par emprunt--Mexique"@fr ;
    .

<http://experiment.worldcat.org/entity/work/data/196059536#Topic/question_monetaire_mexique> # Question monétaire--Mexique
    a schema:Intangible ;
   schema:name "Question monétaire--Mexique"@fr ;
    .

<http://experiment.worldcat.org/entity/work/data/196059536#Topic/taux_de_change_mexique> # Taux de change--Mexique
    a schema:Intangible ;
   schema:name "Taux de change--Mexique"@fr ;
    .

<http://id.loc.gov/authorities/subjects/sh2009122686> # Currency question--Mexico
    a schema:Intangible ;
   schema:name "Currency question--Mexico"@en ;
    .

<http://id.loc.gov/authorities/subjects/sh2009123271> # Devaluation of currency--Mexico
    a schema:Intangible ;
   schema:name "Devaluation of currency--Mexico"@en ;
    .

<http://id.worldcat.org/fast/1211700> # Mexico.
    a schema:Place ;
   schema:name "Mexico." ;
    .

<http://viaf.org/viaf/151244864> # International Monetary Fund. Research Department.
    a schema:Organization ;
   schema:name "International Monetary Fund. Research Department." ;
    .

<http://viaf.org/viaf/50151905> # Nancy Peregrim Marion
    a schema:Person ;
   schema:familyName "Marion" ;
   schema:givenName "Nancy Peregrim" ;
   schema:name "Nancy Peregrim Marion" ;
    .

<http://worldcat.org/isbn/9781282051133>
    a schema:ProductModel ;
   schema:isbn "128205113X" ;
   schema:isbn "9781282051133" ;
    .

<http://www.worldcat.org/oclc/39948663>
    a schema:CreativeWork ;
   rdfs:label "Self-fulfilling risk predictions." ;
   schema:description "Print version:" ;
   schema:isSimilarTo <http://www.worldcat.org/oclc/647299092> ; # Self-fulfilling risk predictions : an application to speculative attacks
    .


Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.