Brana, Sophie; Chenaf-Nicet, Dalila - In: L'Actualité Economique 77 (2001) 4, pp. 569-592
This paper is a critical survey of the currency crisis literature. Theoretical and empirical analysis generally fail to anticipate currency crisis because of the complex nature of such crisis and because of the prevailing role of speculators. The main weakness of this research is its incapacity...
