Despite the extensive work on currency mismatches, research investigating the significance of maturity mismatches in emerging market economies is scarce. In particular, how capital flows affect maturity mismatches, and the significance of these mismatches for financial health during crisis and...

The relevance of the Quantity Theory of Money to Developing economies is questioned. A skeptical examination of the facts upon which the theory is based, as well as of the theory itself , reveals much weakness. Indeed, it is the evidence from the developed economies that suffices to justify...