Produktinformation
As the complexity of financial markets keeps growing, so does the need to understand the decision-making and the coordination of the exsuing actions in the marketplace. In particular, the disclosure of information to market participants and its impact on the market outcome mertis attention. This study analyses the role of private and public information in currency crises. Calls for increased dissemination of economic and policy-related information by central banks notwithstanding, the study shows that transparency is not generally conductive to preventing speculative attacks in fixed exchange-rate regimes. Rather, the role of private and public information in the market-place depencs critically on the prevailing market sentiment. The study also highlights the import of market transparency design in an environment that allows for herding and market leadership of individual speculators.Produktkennzeichnungen
ISBN-103540006567
ISBN-139783540006565
eBay Product ID (ePID)4342102
Produkt Hauptmerkmale
VerlagSpringer Berlin Heidelberg, Springer Berlin
Erscheinungsjahr2003
Anzahl der Seiten252 Seiten
PublikationsnameInformation Dissemination in Currency Crises
SpracheEnglisch
ProduktartLehrbuch
AutorChristina Evelies Metz
ReiheLecture Notes in Economics And Mathematical Systems
Zusätzliche Produkteigenschaften
HörbuchNo
InhaltsbeschreibungPaperback
Nummer Innerhalb der Serie527
Item Height1cm
Item Length23cm
Item Weight388g