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Destabilizing Effects of Exchange-Rate Escape Clauses · Study

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ArticleDestabilizing Effects of Exchange-Rate Escape Clauses

Maurice Obstfeld1991

OA

Articlegreen1991

Destabilizing Effects of Exchange-Rate Escape Clauses

Maurice Obstfeld

229 citations·0/0 files stored·Journal of International Economics

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Global Financial Crisis and Policies Monetary Policy and Economic Impact European Monetary and Fiscal Policies

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References

1977Rules Rather than Discretion: The Inconsistency of Optimal Plans 1985The Optimal Degree of Commitment to an Intermediate Monetary Target 1997Foundations of International Macroeconomics 1983A Positive Theory of Monetary Policy in a Natural Rate Model 1981A Positive Theory of Monetary Policy in a Natural-Rate Model 1995Optimal contracts for central bankers 1994The Logic of Currency Crises 1984Rational and Self-Fulfilling Balance-of-Payments Crises

Cited by

2004Informal Governance in the European Union 2001Systemic Risk: A Survey 2002Crises Now and Then: What Lessons from the Last Era of Financial Globalization 1996The Mexican Peso Crisis: Sudden Death or Death Foretold?2013Informal Governance in the European Union 2000Currency Crises: A Perspective on Recent Theoretical Developments 1995

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Year1991

Typearticle

Published1991-01-01

VenueJournal of International Economics

ISSN-L0022-1996

Languageen

Citations229

Files0 public / 0

ShelfGlobal Financial Crisis and Policies

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doi10.1016/s0022-1996(96)01460-2

openalex_workW1985394491

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International monetary arrangements for the 21st century

1997The instability of fixed exchange rate systems when raising the nominal interest rate is costly