In the Mexican Peso crisis 1994/95, the lack of readily available information, particularly regarding monetary aggregates, has often been commented on. This paper analyzes empirically whether information disparity with respect to economic fundamentals contributed to the crisis. Using historical...

I estimate a simultaneous discrete game with incomplete information where players' private information are only required to be median independent of observed states and can be correlated with observable states. This median restriction is weaker than other assumptions on players' private...