This paper estimates a speculative attack model of currency crises in order to identify the role of economic fundamentals and any early warning signals of a pot

The management of financial crises in emerging markets is a vital and high-stakes challenge in an increasingly global economy. For this reason, it's also a high

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There is no universally accepted definition of a currency crisis, but most would agree that they all involve one key element: investors fleeing a currency en ma

This paper reviews the literature on financial crises focusing on three specific aspects. First, what are the main factors explaining financial crises? Since ma