The Option of Financial Liberalisation for Emerging Markets.

This paper employs a stochastic option-pricing models to investigate when should an emerging market engage in financial liberalisation in a framework inwhich policymakers choose an optimal exchange rate target aimed at minimising price volatility and the risk of a debt crisis.

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Year of publication:	2000
Authors:	de Brito, J.B.
Institutions:	Department of Economics, University of Birmingham
Subject:	DEBT \| PRICES \| MODELS \| EXCHANGE RATE

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Series:	Discussion Papers.
Type of publication:	Book / Working Paper
Notes:	27 pages
Classification:	C60 - Mathematical Methods and Programming. General ; F31 - Foreign Exchange ; F34 - International Lending and Debt Problems
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005738241