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Speculative Attacks
Author:
Mr. Pablo Emilio Guidotti null

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Mr. Guillermo Calvo null

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Series:
IMF Working Papers
Volume/Issue:
Volume 1991: Issue 010
Language:
English
Publication Date:
01 Jan 1991
DOI:
https://doi.org/10.5089/9781451926514.001
ISBN:
9781451926514
ISSN:
1018-5941
Pages:
7
Keywords:
WP; exchange rate; balance-of-payments crisis; balance of payments; nominal exchange rate
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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A brief survey of the literature on speculative attacks is provided. The nature and causes of balance-of-payments crises, the implications for the behavior of the current account and the real exchange rate are discussed. Also, potential areas for future research on balance-of-payments crises are suggested.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund