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A Simple Model Of Currency Crises And Budget Deficits: The Case Of Turkey

Ongan, Tevfik Hakan et al.
Munich Personal RePEc Archive · Reports
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The aim of this paper is to explore the determinants of currency crises and to illustrate the dynamic behaviour of the fundamental macroeconomic variables in a small open economy under a peg regime. The mainstream models in currency crises literature are not sufficiently available to explain the rec
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