We develop a model of sovereign liquidity crises that reflects two sources of financial stress - weak fundamentals and self-fulfilling expectations. ... We also evaluate some recent policy proposals including prudent debt and liquidity management, capital controls, greater information disclosure ... E-mail address: prasanna.gaianbsp;...
Title | : | JOURNAL OF BANKING & FINANCE |
Author | : | |
Publisher | : | - 2002 |
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