Review of the Theoretical Model of Currency Crisis
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摘要: 20世纪90年代以来货币金融危机频繁爆发，给危机国家乃至世界经济带来了灾难性的影响，学界对货币危机的根源进行了大量的研究。文章对货币危机的传统理论及其最新进展做一综述，为以后的研究提供一个平台。Abstract: The 1990s witnessed several currency crises, which badly devastated the affected countries and even the whole world. Since then, researchers have made a lot of studies on the theoretical causes. On the basis of their research, this paper summarizes the literature concerning monetary crisis theory to provide a base for further studies.
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Keywords:
- currency crisis /
- theoretical model /
- moral hazard
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[1] Flood,Marion. Perspective on the Recent Currency Crisis Literature [2] Krugman, Paul. What Happened to Asia http: ∥ web. mit. edu / krugman/www/desinter.html. [3] Corsetti, Pesenti,Roubini. What Caused the Asian Currency and Financial Crisis [4] Change,Velasco.Financial Fragility and The Exchange Rate Regime [5] Oliver Jeanne,Jeromin Zettelmeyer.“Original Sin”, Balance Sheet Crises, and the Roles of International Lending. IMF, wp/02/234，2002.
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