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Book contents
- Frontmatter
- Contents
- Forewords by Kenji Kawakatsu and Helmut Schlesinger
- Acknowledgments
- 1 Introduction
- 2 Exchange rate stability in Europe: A historical perspective
- 3 The unfolding of the 1992–93 ERM crisis
- 4 Financial markets and ERM credibility
- 5 Modelling currency crises
- 6 A Center–Periphery model
- 7 Unilateral pegs and escape clauses: The role of domestic credibility
- 8 Policy coordination and currency crises
- 9 What caused the system to crumble?
- 10 Rebuilding the system: What next?
- References
- Index
Index
Published online by Cambridge University Press: 06 July 2010
- Frontmatter
- Contents
- Forewords by Kenji Kawakatsu and Helmut Schlesinger
- Acknowledgments
- 1 Introduction
- 2 Exchange rate stability in Europe: A historical perspective
- 3 The unfolding of the 1992–93 ERM crisis
- 4 Financial markets and ERM credibility
- 5 Modelling currency crises
- 6 A Center–Periphery model
- 7 Unilateral pegs and escape clauses: The role of domestic credibility
- 8 Policy coordination and currency crises
- 9 What caused the system to crumble?
- 10 Rebuilding the system: What next?
- References
- Index
Summary
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- Type
- Chapter
- Information
- Financial Markets and European Monetary CooperationThe Lessons of the 1992–93 Exchange Rate Mechanism Crisis, pp. 215 - 223Publisher: Cambridge University PressPrint publication year: 1998