Conclusion

Björn Rother

Chapter 5 in The Determinants of Currency Crises, 2009, pp 128-135 from Palgrave Macmillan

Abstract: Abstract If an economic policy loses political support, it risks not being policy for much longer. This is, in a nutshell, what the analysis presented in this study suggests. Our capacity to understand the occurrence of currency crises should thus be improved by looking systematically at political factors, in addition to the economic fundamentals on which most of the theoretical and empirical workhorse models of the economics profession currently rely.

Keywords: Exchange Rate; Central Bank; Exchange Rate Regime; Foreign Exchange Market; Currency Crisis (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-23364-5_5

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DOI: 10.1057/9780230233645_5

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