回首頁 到查詢結果 [ subject:"Currency crises." ]

The determinants of currency crises[...
Palgrave Connect (Online service)

 

  • The determinants of currency crises[electronic resource] :a political economy approach /
  • 紀錄類型: 書目-語言資料,印刷品 : Monograph/item
    杜威分類號: 332.46
    書名/作者: The determinants of currency crises : a political economy approach // Bjèorn Rother.
    作者: Rother, Bjoern.
    出版者: Basingstoke : : Palgrave Macmillan,, 2009.
    面頁冊數: ix, 188 p. : : ill. ;; 23 cm.
    標題: Currency crises.
    標題: Monetary policy.
    ISBN: 9780230233645
    ISBN: 0230233643
    書目註: Includes bibliographical references and index.
    內容註: Ending Gold Convertibility in the 1930s -- Coalition Bickering in Turkey, 2000-01 -- Meltdownin Argentina, 1991-2002 -- Emerging PoliticalPatterns -- A Basic Second-Generation Model -- The Credibility Problemof Currency Pegs -- Two Types of Commitment Devices -- Uncertainty andthe Role of Elections -- A Fiscal Veto Player -- Currency Crises and Fiscal Policy Decisions -- The Scope for Intra-Governmental Confict -- AStochastic Fiscal Target -- Lobbying and Exchange Rate Stability -- Literature Survey -- Data Set and Empirical Strategy -- Country Sample and Crisis Measure -- The Choice of Regressors -- Empirical Strategy -- Key Findings -- Descriptive Statistics -- Political-Economy Logit Models-- Robustness Checks -- Extensions -- The Link between Elections and Crises -- The Link between Left Governments and Crises.
    摘要、提要註: A lot of research has been carried out on currency crises, but the existing literature largely fails to adequately recognize the role of politics in creating financial turbulence. This book explains the role ofpolitical factors in the occurrence of currency crises, using an eclectic approach that blends case study methodology, a rigorous theoreticaldiscussion, and econometric analysis. A lot of research has been carried out on currency crises, but the existing literature largely fails toadequately recognize the role of politics in creating financial turbulence. This book explains the role of political factors in the occurrence of currency crises. It starts out with a discussion of political developments in four prominent crisis cases, including Turkey and Argentinain the early 2000s, before discussing various extensions of a workhorse model of the economics literature, two of which are original, to showhow upcoming elections, intra-governmental conflict, and lobbying activity can impact the stability of an exchange rate regime. The econometric analysis uses a diverse sample of69 countries over 1975-97 to determine whether the inclusion of political variables can make a differencein crisis prediction without adding too much complexity, compared withstandard early-warning-systems models that rely exclusively on macroeconomic fundamentals. This book provides a thorough andin-depth report,seeking to translate concepts from the discipline of political scienceinto the language of economics. It is essential reading for all interested in international political economy andfinancial crises.
    電子資源: access to fulltext (Palgrave)
Export
取書館別
 
 
變更密碼
登入