Currency crises: The case of Iceland

This paper tries to explain the recent currency crisis in Iceland and draw some policy lessons. It shows that the recent currency crisis in Iceland is mainly due to a loose monetary policy preceding the crisis. Structural reforms which could have prevented the occurrence of the crisis were missing.

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Year of publication:	2009
Authors:	Liargovas, Panagiotis ; Dapontas, Dimitrios
Institutions:	Department of Economics, University of Peloponnese

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	Number 0036 12 pages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10004961377