Bubbles, monetary management and the Asian currency crisis

Bubbles, monetary management and the Asian currency crisis

Taispeáin gach leagan (2)

We propose a life cycle of bubbles (from a quiescent stable state to a bubble to its collapse) where the role of monetary management is crucial. We claim that the policy of liberalizing short-term capital and private foreign borrowing (which was in effect a non-inflationary expansionary monetary poli...

Cur síos iomlán

Sonraí bibleagrafaíochta
Foilsithe in:The Philippine Review of Business and Economics Vol. XXXV, No. 2 (December 1998), p. 208-221.
Príomhchruthaitheoir: Fabella, Raul V. (Údar)
Formáid: Analytics
Teanga:English
Foilsithe / Cruthaithe: 1998.
Ábhair:
Monetary policy > Asia.
Capitalists and financiers > Asia.
Finance > Mathematical models.
Financial crises > Asia.