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Thesis

Currency and financial crises

Subtitle:
dividing the (negative) spoil
Abstract:

Following the 1997 Asian Crisis, a number of economies have been burdened with so-called Twin Crises, facing both vulnerable exchange rates and a distressed financial sector. The three papers in this thesis examine the resolution of a twin crisis in one such country - Indonesia. In debt overhang and exchange rate collapse, I adopt the simplest representation of the economy and the Asian crisis. The model is a modified Hecksher-Ohlin framework with labour as the sole domestic fact...

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Institution:
Wolfson College (University of Oxford)
Department:
Social Sciences Division
Role:
Author

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Publication date:
2001
Type of award:
DPhil
Level of award:
Doctoral
Awarding institution:
University of Oxford
Barcode:
601848763
URN:
uuid:11c59ab0-52ae-41b0-9bfd-7bf188d12bfb
Local pid:
td:601848763
Language:
English
Subjects:

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