This paper deals with the relationship between country credibility and currency crises by using crosscountry pooled …, which is a global non-governmental organization devoted to combating corruption, as a proxy for country credibility. The … main findings from the multinomial logit models indicate that country credibility has a significant influence on currency …

during 1973-1992. This paper assesses the credibility of the German mark exchange rates of these Nordic countries. The test … sample period. Denmark is the only country for which there is some tendency to improvement in credibility during the EMS … period. For all countries we find less credibility in the second half of the EMS compared with the first half. Thus, when …

degree endogenous to the policy process itself. The findings indicate that the reputation and credibility of the G7, as well …