Grier, Kevin; Lin, Shu - In: European Journal of Political Economy 25 (2009) 4, pp. 540-546
This paper extends the currency crisis models in Obstfeld [Obstfeld, M., 1994. The logic of currency crises. Cahiers Economiques et Monetaries], [Obstfeld, M., 1996. Models of currency crises with self-fulfilling features. European Economic Review 40, 1037-1047] by modeling both the government's...