The role of institutional quality in a currency crisis model [[electronic resource] /] / prepared by Yi Wu

• Autore: Wu Yi
• Pubblicazione: Washington, D.C., : International Monetary Fund, Policy Development and Review Dept., 2008
• Descrizione fisica: 1 online resource (18 p.)
• Soggetto topico: Currency crises - Econometric models; Financial institutions - Econometric models; Tax collection - Econometric models
• Soggetto genere / forma: Electronic books.
• Note generali: "January 2008."
• Nota di bibliografia: Includes bibliographical references (p. 16).
• Nota di contenuto: Contents; I. Introduction; II. The Model; Figures; 1. Self-fulfilling Currency Crises; III. Institutional quality and self-fulfilling currency crises; 2a. Simulation I; 2b. Simulation II; 2c. Simulation III; IV. Concluding remarks; References
• Sommario/riassunto: This paper is a theoretical study of the impact of institutional quality on currency crises from a public finance point of view. Recent empirical studies leave little doubt that weak institutions, including high levels of corruption, hinder economic performance. After the East Asian crisis, many observers have pointed to widespread corruption and crony capitalism as an underlying cause. Despite the popularity of the claim, there are only limited empirical and especially theoretical studies on the link between institutional quality and currency crises. This paper intends to fill in this void. W
• Titolo autorizzato: The role of institutional quality in a currency crisis model
• ISBN: 1-4623-3765-1; 1-4527-1075-9; 1-282-44816-1; 9786613821355; 1-4519-1320-6
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910464566703321
• Lo trovi qui: Univ. Federico II
• Serie: IMF working paper ; ; WP/08/5.