Speculative Attacks

Author/Editor:

Pablo Emilio Guidotti ; Guillermo Calvo

Publication Date:

January 1, 1991

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.

Series:

Working Paper No. 91/10

Subject:

English

Publication Date:

January 1, 1991

ISBN/ISSN:

9781451926514/1018-5941

Stock No:

WPIEA0101991

Format:

Paper

Pages:

7

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