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| Tekijä: | Oetker, I. Pazarbasioglu, C. |
| Otsikko: | Speculative attacks and macroeconomic fundamentals: evidence from some European currencies |
| Lehti: | European Economic Review
1997 : VOL. 41:3-5, p. 847-860 |
| Asiasana: | ECONOMICS EXCHANGE RATES EXCHANGE RATE MECHANISM |
| Kieli: | eng |
| Tiivistelmä: | This paper evaluates the role of macroeconomic fundamentals in generating episodes of speculative pressures on six currencies of the European Exchange Rate Mechanism. The observed regime changes are first estimated by a set of speculative pressure indicators; the contribution of economic fundamentals are then examined by using the implications of the basic speculative attack literature. |
SCIMA