Showing 1 - 2 of 2
This paper presents a general equilibrium currency crisis model of the ’thirdgeneration’, in which the possibility of currency crises is driven by the in-terplay between private firms’ credit-constraints and nominal price rigidities.Despite our emphasis on microfoundations, the model remains...
Persistent link: https://www.econbiz.de/10005858997
Economics
Persistent link: https://www.econbiz.de/10009432011