Title Financial markets and European monetary cooperation : the lessons of the 1992-93 exchange rate mechanism crisis / Willem H. Buiter, Giancarlo Corsetti, Paolo A. Pesenti

Published Cambridge, UK. ; New York : Cambridge University Press, 1998

Copies

Location	Call no.	Vol.	Availability
MELB	332.456 Bui/Fma		AVAILABLE

Description xii, 223 pages : illustrations ; 24 cm Series Japan-U.S. Center monographs on international financial markets Japan-U.S. Center Sanwa monographs on international financial markets. Contents Machine derived contents note: 1. Introduction -- 2. Exchange rate stability in Europe: a historical perspective -- 3. The unfolding of the 1992-93 ERM crisis -- 4. Financial markets and ERM credibility -- 5. Modelling currency crisis -- 6. A center-periphery model -- 7. Unilateral pegs and escape clauses: the role of domestic credibility -- 8. Policy coordination and currency crisis -- 9. What causes the system to crumble -- 10. Rebuilding the system: what next? Bibliography Includes bibliographical references and index Subject European Monetary System (Organization) Foreign exchange rates -- European Union countries. International finance. Monetary policy -- International cooperation. Author Corsetti, Giancarlo. Pesenti, Paolo A. LC no. 97001241 ISBN 0521495474

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