The Collapse of Exchange Rate Regimes: Causes, Consequences and Policy Responses. Questo articolo non è disponibile.The Collapse of Exchange Rate Regimes: Causes, Consequences and Policy Responses

The stances of monetary and fiscal policies may be consistent with the authorities' exchange rate target, but domestic economic indicators (such as the unemployment rate) may be inconsistent with internal balance, resulting in pressures on the authorities to relax macroeconomic policies.

Currency Crises - Introduction; G.S. Tavlas. Why Clashes Between Internal and External Stability Goals End in Currency Crises, 1797-1994; M.D. Bordo, A.J. Schwartz. Analyzing and Managing Exchange-Rate Crises; P.B. Kenen. A Currency Transactions Tax, Why and How; J. Tobin. The Mexican Financial Crises of December 1994 and Lessons to be Learned; L.R. Klein, A. Cutiño. Country Fund Discounts and the Mexican Crises of December 1994; J.A. Frankel, S.L. Schmuckler. Speculative Attacks and Currency Crises: The Mexican Experience; I. Ötker, C. Pazarbasiogammalu. A Random Coefficient Model of Speculative Attacks: The Case of the Mexican Peso; J. Aschheim, et al. The Lira and the Pound in the 1992 Currency Crisis: Fundamentals or Speculation? M. Fratianni, M.J. Artis. Economic Models of Speculative Attacks and the Drachma Crisis of May 1994; R. Flood, C. Kramer. The European Monetary System: Crisis and Future; D. Salvatore. The Lender of Last Resort Function Under a Currency Board: The Case of Argentina; G. Caprio, et al. The Behavior of Foreign Currency Holdings During Currency Crises: Cause and Consequences; P. Mizen.