Do High Interest Rates Defend Currencies during Speculative Attacks? / Kraay, Aart
January 2000 - No - there is no systematic association between interest rates and the outcome of speculative attacks. Drawing on evidence from a large sample of speculative attacks in industrial and developing countries, Kraay argues that high interest rates do not defend currencies against speculat...
Ausführliche Beschreibung
Gespeichert in:
Bibliographische Detailangaben
Hauptverfasser: | Kraay, Aart
|
Format: | Online-Resource
|
Sprache: | Englisch |
Veröffentlicht: | Washington, D.C : The World Bank, 2000
|
Schlagworte: |
|
Internet: | URL des Erstveröffentlichers
|