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An Interpretation of the Collapsing Process of the Bretton Woods System

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  • Chih-huan Chen
  • Ching-chong Lai

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  • Chih-huan Chen & Ching-chong Lai, 2010. "An Interpretation of the Collapsing Process of the Bretton Woods System," Open Economies Review, Springer, vol. 21(3), pages 449-463, July.
  • Handle: RePEc:kap:openec:v:21:y:2010:i:3:p:449-463
    DOI: 10.1007/s11079-008-9104-6
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    References listed on IDEAS

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    1. Backus, David & Driffill, John, 1985. "Inflation and Reputation," American Economic Review, American Economic Association, vol. 75(3), pages 530-538, June.
    2. Morris, Stephen & Shin, Hyun Song, 1998. "Unique Equilibrium in a Model of Self-Fulfilling Currency Attacks," American Economic Review, American Economic Association, vol. 88(3), pages 587-597, June.
    3. 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.
    4. Goodfriend, Marvin, 1986. "Monetary mystique: Secrecy and central banking," Journal of Monetary Economics, Elsevier, vol. 17(1), pages 63-92, January.
    5. Barro, Robert J. & Gordon, David B., 1983. "Rules, discretion and reputation in a model of monetary policy," Journal of Monetary Economics, Elsevier, vol. 12(1), pages 101-121.
    6. Obstfeld, Maurice, 1996. "Models of currency crises with self-fulfilling features," European Economic Review, Elsevier, vol. 40(3-5), pages 1037-1047, April.
    7. Jesper Rangvid, 2001. "Second Generation Models of Currency Crises," Journal of Economic Surveys, Wiley Blackwell, vol. 15(5), pages 613-646, December.
    8. Janice Boucher Breuer, 2004. "An Exegesis on Currency and Banking Crises," Journal of Economic Surveys, Wiley Blackwell, vol. 18(3), pages 293-320, July.
    9. In-Koo Cho & David M. Kreps, 1987. "Signaling Games and Stable Equilibria," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 102(2), pages 179-221.
    10. repec:bla:jecsur:v:18:y:2004:i::p:321-350 is not listed on IDEAS
    11. Sweta C. Saxena, 2004. "The Changing Nature of Currency Crises," Journal of Economic Surveys, Wiley Blackwell, vol. 18(3), pages 321-350, July.
    12. repec:bla:jecsur:v:18:y:2004:i::p:293-320 is not listed on IDEAS
    13. repec:bla:jecsur:v:15:y:2001:i:5:p:613-46 is not listed on IDEAS
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    More about this item

    Keywords

    Currency crises; Multiple equilibria; Bretton woods system; F02; F33; F41;
    All these keywords.

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

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