01497cas a2200253 a 4500 AALejournalIMF001794 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451874945 1018-5941 BD-DhAAL BD-DhAAL Marion, Nancy. A Model of the Joint Distribution of Banking and Exchange-Rate Crises / Nancy Marion, Robert Flood. Washington, D.C. : International Monetary Fund, 2001. 1 online resource (32 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet Flood, Robert. IMF Working Papers; Working Paper ; No. 2001/213 Full text available on IMF http://elibrary.imf.org/view/journals/001/2001/213/001.2001.issue-213-en.xml IMF e-Library