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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...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Wu, Yi (Autor)
Autor Corporativo: International Monetary Fund. Policy Development and Review Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund, Policy Development and Review Dept., 2008.
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