Browsing by Author "Rebelo, Sergio"
Now showing items 1-3 of 3
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Government guarantees and self-fulfilling speculative attacks
(Journal of Economic Theory, 2004-11-01)We develop a model in which government guarantees to banks' foreign creditors are a root cause of self-fulfilling twin banking-currency crises. Absent guarantees, such crises are not possible. In the presence of guarantees ... -
Prospective Deficits and the Asian Currency Crisis
(Journal of Political Economy, 2001-12) -
Understanding the Forward Premium Puzzle: A Microstructure Approach
(American Economic Journal: Macroeconomics, 2009-07)
