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~institution:"Asia-Pacific Economic Cooperation"
~institution:"National Bureau of Economic Research"
~person:"Christiano, Lawrence J."
~person:"Krugman, Paul R."
~subject:"Auslandsinvestition"
~subject:"Theorie"
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Christiano, Lawrence J.
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Optimal Monetary Policy in a 'Sudden Stop'
Braggion, Fabio
-
2007
In the wake of the 1997-98 financial crises, interest rates in
Asia
were raised immediately, and then reduced sharply …. We describe an
environment
in which this is the optimal monetary policy. The optimality of the immediate rise in the …
Persistent link: https://www.econbiz.de/10012465398
Saved in:
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Currency crises
Krugman, Paul R.
(
ed.
)
-
2000
Persistent link: https://www.econbiz.de/10001465257
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