A Large Speculator in Contagious Currency Crises: A Single "George Soros" Makes Countries More Vulnerable to Crises, But Mitigates Contagion

Topics:
Investment and Capital Markets
Tags:
Crisis,
Finance,
Financial Accounting,
Financial Services,
Investment,
University Of Wisconsin
Source:
University of Wisconsin

FREE Registration is required

Overview: This paper studies the model that proposes a new contagion channel and shows how a currency crisis can spread from one country to another even when these countries are totally unrelated in terms of economic fundamentals. It finds that the better the economic fundamentals in the originating crisis country, the more severe the contagion under certain conditions. The model presents policy implications as to financial disclosure and size regulation of speculators such as hedge funds, which recently have been hot topics among policy makers.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Size: 290KB | Date: Nov 2003 | Pages: 45


advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement

Returning users: Log In Here!

Already registered on BNET, TechRepublic, or ZDNet? Simply log in.

Free Membership: Sign Up Now!

Sign up for a free membership today and get instant and unlimited access to one of the largest databases of white papers, webcasts, and casestudies anywhere. Your FREE membership allows you to:

  • Download an unlimited amount of content, including classic and current white papers, case studies, webcasts and more
  • Track content on your chosen topics of interest
  • Receive targeted email alerts when your favorite content is added
  • Save content for future reading
  • Receive our member newsletter

When you register to access this directory, you become a member of BNET. In addition, you allow us to share your information with companies that produce products or services featured in the library--so that such companies may contact you with information and offers regarding their products and services. This enables us to keep the library a free service. As a directory registrant, you will receive a complimentary subscription to the BNET member newsletter, The BNET Report. You can unsubscribe from this newsletter at any time. By clicking the Sign up button, you indicate that you agree to our Terms and Conditions and have read and understand our Privacy Policy (updated).