De Grauwe, Paul; Grimaldi, Marianna - In: EIB Papers 7 (2002) 2, pp. 33-48
invited speculative attacks in the foreign exchange markets that quite often spilled over to the banking sector, and led to … banking crises. Recently, the analysis of the financial crises has led to a new consensus among policy makers, i.e., the … the exchange rate regime and the occurrence of banking crises (Section 4). This analysis will also allow us to connect …