A Model of the Joint Distribution of Banking and Exchange-Rate Crises /

We develop a simple framework for studying the joint distribution of banking and currency crises triggered by real shocks. Our framework illustrates the fact that bank and currency collapses are related but they are not the same thing. Studying currency and bank collapses either in isolation or in p...

Full description

Bibliographic Details
Main Author: Marion, Nancy
Other Authors: Flood, Robert
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2001.
Series:IMF Working Papers; Working Paper ; No. 2001/213
Online Access:Full text available on IMF
LEADER 01497cas a2200253 a 4500
001 AALejournalIMF001794
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781451874945 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Marion, Nancy. 
245 1 2 |a A Model of the Joint Distribution of Banking and Exchange-Rate Crises /  |c Nancy Marion, Robert Flood. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2001. 
300 |a 1 online resource (32 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a We develop a simple framework for studying the joint distribution of banking and currency crises triggered by real shocks. Our framework illustrates the fact that bank and currency collapses are related but they are not the same thing. Studying currency and bank collapses either in isolation or in perfect correlation with each other is inappropriate, producing biased estimates of the likelihood of crises. 
538 |a Mode of access: Internet 
700 1 |a Flood, Robert. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2001/213 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2001/213/001.2001.issue-213-en.xml  |z IMF e-Library