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Dynamics of Crises

Giovanni Piersanti

in The Macroeconomic Theory of Exchange Rate Crises

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199653126
eISBN:
9780191741210
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199653126.003.0005
Subject:
Economics and Finance, Macro- and Monetary Economics

In order to describe the path followed by major macroeconomic variable around the time of crises, this chapter examines some dynamic models. It thus shows how the dynamic adjustment path of the ... More


Crises and Policy Imbalances

Giovanni Piersanti

in The Macroeconomic Theory of Exchange Rate Crises

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199653126
eISBN:
9780191741210
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199653126.003.0003
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter discusses the basic analytical framework of “first-generation” models of currency crises and their extensions to deal with important features of balance-of-payments crises such as ... More


The 2001–2002 Military Standoff

Moeed Yusuf

in Brokering Peace in Nuclear Environments: U.S. Crisis Management in South Asia

Published in print:
2018
Published Online:
January 2019
ISBN:
9781503604858
eISBN:
9781503606555
Item type:
chapter
Publisher:
Stanford University Press
DOI:
10.11126/stanford/9781503604858.003.0005
Subject:
Political Science, International Relations and Politics

This chapter examines the 2001–2002 military standoff that kept India and Pakistan on the verge of war for ten months. Brokered bargaining characterized crisis behavior of the rivals and the U.S.-led ... More


On the Fiscal Implications of Twin Crises

A. Craig Burnside, Martin Eichenbaum, and Sergio Rebelo (eds)

in Managing Currency Crises in Emerging Markets

Published in print:
2003
Published Online:
February 2013
ISBN:
9780226155401
eISBN:
9780226155425
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226155425.003.0009
Subject:
Economics and Finance, International

This chapter examines the implications of different strategies for financing the fiscal costs of the twin crises of inflation and currency depreciation in Mexico and Korea in the 1990s using a model ... More


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