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Speculative Attacks

Pablo Guidotti and Guillermo Calvo

No 1991/010, IMF Working Papers from International Monetary Fund

Abstract: A brief survey of the literature on speculative attacks is provided. The nature and causes of balance-of-payments crises, the implications for the behavior of the current account and the real exchange rate are discussed. Also, potential areas for future research on balance-of-payments crises are suggested.

Keywords: WP; exchange rate; balance-of-payments crisis; balance of payments; nominal exchange rate (search for similar items in EconPapers)
Pages: 7
Date: 1991-01-01
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Citations: View citations in EconPapers (11)

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