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Currency boards, credibility and crises

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  • Mulino, Marcella

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  • Mulino, Marcella, 2002. "Currency boards, credibility and crises," Economic Systems, Elsevier, vol. 26(4), pages 381-386, December.
    • Handle: RePEc:eee:ecosys:v:26:y:2002:i:4:p:381-386
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    References listed on IDEAS

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    1. Obstfeld, Maurice, 1997. "Destabilizing effects of exchange-rate escape clauses," Journal of International Economics, Elsevier, vol. 43(1-2), pages 61-77, August.
    2. Carmen M. Reinhart & Graciela L. Kaminsky, 1999. "The Twin Crises: The Causes of Banking and Balance-of-Payments Problems," American Economic Review, American Economic Association, vol. 89(3), pages 473-500, June.
    3. Obstfeld, Maurice, 1996. "Models of currency crises with self-fulfilling features," European Economic Review, Elsevier, vol. 40(3-5), pages 1037-1047, April.
    4. Masson, Paul R, 1995. "Gaining and Losing ERM Credibility: The Case of the United Kingdom," Economic Journal, Royal Economic Society, vol. 105(430), pages 571-582, May.
    5. Barro, Robert J & Gordon, David B, 1983. "A Positive Theory of Monetary Policy in a Natural Rate Model," Journal of Political Economy, University of Chicago Press, vol. 91(4), pages 589-610, August.
    6. Irwin, G., 2001. "Currency Boards And Currency Crises," Economics Series Working Papers 9965, University of Oxford, Department of Economics.
    7. Gregor Irwin, 2001. "Currency Boards and Currency Crises," Economics Series Working Papers 65, University of Oxford, Department of Economics.
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    Cited by:

    1. Eleonora Cavallaro & Marcella Mulino, 2004. "External Debt in Emerging Economies: A Macrodynamical Model of Financial Fragility," STUDI ECONOMICI, FrancoAngeli Editore, vol. 2004(84).
    2. AsIcI, Ahmet AtIl, 2011. "Exchange rate regime choice and currency crises," Economic Systems, Elsevier, vol. 35(3), pages 419-436, September.
    3. Begović, Selena & Adnett, Nick & Pugh, Geoff, 2016. "An investigation into the credibility of currency board arrangements in Bosnia and Herzegovina and Bulgaria," Journal of Comparative Economics, Elsevier, vol. 44(3), pages 787-799.
    4. Maggi Bernardo & Cavallaro Eleonora & Mulino Marcella, 2012. "The Macrodynamics of External Overborrowing and Systemic Instability in a Small Open Economy," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 16(2), pages 1-27, April.
    5. Cavallaro, Eleonora & Maggi, Bernardo & Mulino, Marcella, 2011. "The macrodynamics of financial fragility within a hard peg arrangement," Economic Modelling, Elsevier, vol. 28(5), pages 2164-2173, September.
    6. Alain Raybaut & Dominique Torre, 2004. "Unions monétaires, caisses d'émission et dollarisation: les fondements analytiques des changes "ultra-fixes"," Post-Print hal-00426914, HAL.
    7. Feng, Shu & Fu, Liang & Ho, Chun-Yu & Alex Ho, Wai-Yip, 2023. "Political stability and credibility of currency board," Journal of International Money and Finance, Elsevier, vol. 137(C).

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