Government guarantees and self-fulfilling speculative attacks

DOI10.1016/J.JET.2003.06.002MaRDI QIDQ1763196zbMATH OpenOpenAlexWikidataFDO

Authors Craig Burnside, Martin S. Eichenbaum, Sergio Rebelo

Publication date 22 February 2005

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jet.2003.06.002

zbMATH Keywords

Debt denominationFixed exchange rate regimesGovernment guaranteesHedging

Mathematics Subject Classification ID

History, political science (91F10)

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• A corporate balance-sheet approach to currency crises
• Balance Sheet Effects, Bailout Guarantees and Financial Crises
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• Financial fragility and the exchange rate regime

Cited in

(12)

• Government guarantees and financial stability
• Identifying networks in social media: the case of \textit{\#Grexit}
• Divided governments and futures prices
• Defending against speculative attacks: the policy Maker's reputation
• Unconventional bank bailouts in fixed exchange rate regimes
• Twin banking and currency crises and monetary policy
• The CAPM, national stock market betas, and macroeconomic covariates: a global analysis
• LEARNING DYNAMICS AND ENDOGENOUS CURRENCY CRISES
• A leverage-based model of speculative bubbles
• Self-fulfilling currency crises with borrowing constraints and domestic currency debt
• Banking and sovereign debt crises in a monetary union without central bank intervention
• The credibility of a threat to nationalize

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