Financial markets and European monetary cooperation : the lessons of the 1992-93 exchange rate mechanism crisis /

Financial markets and European monetary cooperation : the lessons of the 1992-93 exchange rate mechanism crisis /

Saved in:

Bibliographic Details
Author / Creator:	Buiter, Willem H., 1949-
Imprint:	Cambridge, UK. : New York : Cambridge University Press, 1998.
Description:	xii, 223 p. : ill. ; 24 cm.
Language:	English
Series:	Japan-U.S. Center monographs on international financial markets Japan-U.S. Center Sanwa monographs on international financial markets.
Subject:	European Monetary System (Organization) European Monetary System (Organization) Foreign exchange rates -- European Union countries. International finance. Monetary policy -- International cooperation. Foreign exchange rates. International finance. Monetary policy -- International cooperation. Europe -- European Union countries.
Format:	Print Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/3493842

Hidden Bibliographic Details
Other authors / contributors:	Corsetti, Giancarlo. Pesenti, Paolo A.
ISBN:	0521495474
Notes:	Includes bibliographical references and index.

Table of Contents:

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?