search query: @author Jeanne, O. / total: 12
reference: 9 / 12
| Author: | Jeanne, O. |
| Title: | Are currency crises self-fulfilling? a test |
| Journal: | Journal of International Economics
1997 : NOV, VOL. 43:3/4, p. 263-286 |
| Index terms: | ECONOMICS CURRENCY CRISES |
| Language: | eng |
| Abstract: | This paper studies the respective roles of the fundamentals and self-fulfilling speculation in currency crises. The author first presents a model of a fixed exchange rate system in which self-fulfilling speculation can arise following a bifurcation in the fundamentals. The author then estimates the model in the case of the 1992-93 crisis of the French franc, and find some evidence that self-fulfilling speculation was at work. |
SCIMA