Skip to content
Open global navigation

Cambridge University Press

AcademicLocation selectorSearch toggleMain navigation toggle
Cart
Register Sign in Wishlist
Financial Markets and European Monetary Cooperation

Financial Markets and European Monetary Cooperation
The Lessons of the 1992–93 Exchange Rate Mechanism Crisis

$46.00 (Z)

Part of Japan-US Center UFJ Bank Monographs on International Financial Markets

  • Date Published: April 2001
  • availability: Manufactured on demand: supplied direct from the printer
  • format: Paperback
  • isbn: 9780521794404

$46.00 (Z)
Paperback

Add to cart Add to wishlist

Other available formats:
Hardback, eBook


Looking for an examination copy?

This title is not currently available for examination. However, if you are interested in the title for your course we can consider offering an examination copy. To register your interest please contact collegesales@cambridge.org providing details of the course you are teaching.

Description
Product filter button
Description
Contents
Resources
About the Authors
  • Why was the European Monetary System in 1992-93 swept by waves of disruptive speculative attacks? And what lessons emerged from that episode as regards the future of the European Monetary Union? This book provides a comprehensive assessment of the causes and implications of the 1992-93 crisis of the exchange rate mechanism. Cogent factual presentation, original theoretical analysis, and an interpretation rooted in theory, make this treatment by three leading economists essential reading to understand the process toward economic and political integration in Europe.

    • Most rigorous study of Europe's major financial crisis of the 1990s, eagerly awaited by academics and practitioners
    • Author Buiter is world-renowned macroeconomic theorist and international economist
    • Will have foreword by Helmut Schlessinger, former head of Germany's largest bank
    Read more

    Customer reviews

    Not yet reviewed

    Be the first to review

    Review was not posted due to profanity

    ×

    , create a review

    (If you're not , sign out)

    Please enter the right captcha value
    Please enter a star rating.
    Your review must be a minimum of 12 words.

    How do you rate this item?

    ×

    Product details

    • Date Published: April 2001
    • format: Paperback
    • isbn: 9780521794404
    • length: 240 pages
    • dimensions: 229 x 152 x 14 mm
    • weight: 0.36kg
    • contains: 22 b/w illus. 3 tables
    • availability: Manufactured on demand: supplied direct from the printer
  • Table of Contents

    1. Introduction
    2. Exchange rate stability in Europe: a historical perspective
    3. The unfolding of the 1992–3 ERM crisis
    4. Financial markets and ERM credibility
    5. Modelling currency crisis
    6. A center-periphery model
    7. Unilateral pegs and escape clauses: the role of domestic credibility
    8. Policy coordination and currency crisis
    9. What causes the system to crumble
    10. Rebuilding the system: what next?

  • Authors

    Willem H. Buiter, University of Cambridge

    Giancarlo Corsetti, Università degli Studi, Bologna, Italy

    Paolo A. Pesenti

Sign In

Please sign in to access your account

Cancel

Not already registered? Create an account now. ×

You are now leaving the Cambridge University Press website, your eBook purchase and download will be completed by our partner www.ebooks.com. Please see the permission section of the www.ebooks.com catalogue page for details of the print & copy limits on our eBooks.

Continue ×

Continue ×

Find content that relates to you

Join us online

© Cambridge University Press 2014

Back to top

Are you sure you want to delete your account?

This cannot be undone.

Cancel Delete

Thank you for your feedback which will help us improve our service.

If you requested a response, we will make sure to get back to you shortly.

×
Please fill in the required fields in your feedback submission.
×