Multiple reserve requirements, exchange rates, sudden stops and equilibrium dynamics in a small open economy

Authors

  • Paula Hernández-Verme Departamento de Economía y Finanzas, Universidad de Guanajuato.
  • Wen-Yao Wang Texas A&M University at Galveston

DOI:

https://doi.org/10.18381/eq.v6i1.100

Abstract

Sin resumen.

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References

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The Quarterly Journal of Economics, Vol. 116, No. 2:489-517.

Cole, H. L. and T. J. Kehoe (1996). “A Self-Fulfilling Model of Mexico’s 1994-1995 Debt Crisis,” Journal of International Economics, Vol. 41, 309-330.

Diamond, D. W. and P. H. Dybvig (1983). “Bank Runs, Deposit Insurance, and Liquidity,”

The Journal of Political Economy, Vol. 91, No.3:401-419.

Frankel, J. A., S. L. Schmukler, and L. Serven (2002). “Global Transmission of Interest Rates: Monetary Independence and Currency Regime,” NBER Working Paper 8828.

Hernandez-Verme, P. L. (2004). “Inflation, Growth and Exchange Rate Regimes in Small Open Economies,” Economic Theory, Vol. 24, No. 4:839-856.

Hernandez-Verme, P. L. (2009). “Credit Chains and Mortgage Crises,” Working Paper.

Kaminsky, G. L. (2003). “Varieties of Currency Crises,” NBER Working Paper, 10193.

Kishi, M. and H. Okuda (2001). “Prudential Regulation and Supervision of the Financial System in East Asia,” Institute for international monetary affairs. Available at http://www.mof.go.jp/jouhou/kokkin/tyousa/tyou041g.pdf

Lindgren, C-J., Baliño, T. J. T., Enoch, C., Gulde, A-M., Quintyn, M. and L. Teo (1999). “Financial Sector Crisis and Restructuring. Lessons from Asia. International Monetary Fund, Occasional Paper, 188.

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Published

2010-03-01

How to Cite

Hernández-Verme, P., & Wang, W.-Y. (2010). Multiple reserve requirements, exchange rates, sudden stops and equilibrium dynamics in a small open economy. EconoQuantum, 6(1), 71–79. https://doi.org/10.18381/eq.v6i1.100

Issue

Vol. 6 Núm. 1 Segundo Semestre 2009 Second Semester

Section

Suplemento Especial

License

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