Ongan, Tevfik Hakan; Karabulut, Gökhan - Volkswirtschaftliche Fakultät, … - 2004
fundamental macroeconomic variables in a small open economy under a peg regime. The mainstream models in currency crises … to fix domestic credit at the same time with a crawling peg regime in order to achieve price stability. Furthermore, the … political preferences were also in favour of continuing the program. Though these facts, the peg collapsed by a speculative …