The role of institutional quality in a currency crisis model /
This paper is a theoretical study of the impact of institutional quality on currency crises from a public finance point of view. Recent empirical studies leave little doubt that weak institutions, including high levels of corruption, hinder economic performance. After the East Asian crisis, many obs...
Clasificación: | Libro Electrónico |
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Autor principal: | |
Autor Corporativo: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Washington, D.C. :
International Monetary Fund, Policy Development and Review Dept.,
2008.
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Colección: | IMF working paper ;
WP/08/5. |
Temas: | |
Acceso en línea: | Texto completo |
Tabla de Contenidos:
- I. Introduction; II. The Model; Figures; 1. Self-fulfilling Currency Crises; III. Institutional quality and self-fulfilling currency crises; 2a. Simulation I; 2b. Simulation II; 2c. Simulation III; IV. Concluding remarks; References