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In the 1990s, currency crises in Europe, Mexico, and Asia have drawn worldwide attention to...

The paper surveys the types of models producing multiple equilibria in financial markets. It...

This paper examines financial market comovements across European transition economies and...

This paper takes the Asian crisis as an example to show that the Autoregressive Conditional...

Defending a government's exchange-rate commitment with active interest rate policy is not an...

The recent turmoil in currency markets in Asia, Europe, and Latin America has given a new impetus...