IMF Working Papers

Speculative Attacks

By Pablo Emilio Guidotti, Guillermo Calvo

January 1, 1991

Preview Citation

Format: Chicago

Pablo Emilio Guidotti, and Guillermo Calvo. Speculative Attacks, (USA: International Monetary Fund, 1991) accessed November 21, 2024
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

A brief survey of the literature on speculative attacks is provided. The nature and causes of balance-of-payments crises, the implications for the behavior of the current account and the real exchange rate are discussed. Also, potential areas for future research on balance-of-payments crises are suggested.

Subject: Banking, Conventional peg, Domestic credit, Exchange rate arrangements, Exchange rates

Keywords: Balance of payments, Balance-of-payments crisis, Exchange rate, Nominal exchange rate, WP

Publication Details

  • Pages:

    7

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 1991/010

  • Stock No:

    WPIEA0101991

  • ISBN:

    9781451926514

  • ISSN:

    1018-5941