Speculative Attacks on Pegged Exchange Rates: An Empirical Exploration with Special Reference to the European Monetary System

Empirical exchange rate models of the seventies

1983 • 4,141 citations

A Model of Balance-of-Payments Crises

1979 • 3,034 citations

Collapsing exchange-rate regimes

1984 • 1,256 citations

Rational and Self-fulfilling Balance-of-Payments Crises

1986 • 835 citations

The Logic of Currency Crises

1994 • 797 citations

Real exchange rates, devaluation, and adjustment: exchange rate policy in developing countries

1990 • 647 citations

A Monetary Model of Exchange Market Pressure Applied to the Post-War Canadian Experience

1976 • 568 citations

The Unstable EMS

1993 • 460 citations

Bubbles, Rational Expectations and Financial Markets

1982 • 459 citations

Market Anticipations of Government Policies and the Price of Gold

1978 • 445 citations

Recurrent Devaluation and Speculative Attacks on the Mexican Peso

1986 • 275 citations

European exchange rate credibility before the fall

1994 • 254 citations

Explaining the duration of exchange-rate pegs

1997 • 249 citations

The Vulnerability of Price Stabilization Schemes to Speculative Attack

1983 • 180 citations

Financial policy and speculative runs with a crawling peg: Argentina 1979–1981

1989 • 136 citations

Capital controls and balance of payments crises

1986 • 135 citations

Gold Monetization and Gold Discipline

1984 • 132 citations

Gold Monetization and Gold Discipline

1987 • 124 citations

SPECULATIVE CURRENCY ATTACKS AND BALANCE OF PAYMENTS CRISES

1993 • 115 citations

Devaluation, external balance and macroeconomic performance: A look at the numbers

1989 • 108 citations

The Integration of World Capital Markets

1993 • 101 citations

Balance-of-Payments Crises and Devaluation

1984 • 100 citations

Buying and selling attacks on fixed exchange rate systems

1986 • 90 citations

Exchange Rate Policy

1994 • 87 citations

Explaining the Duration of Exchange-Rate Pegs

1994 • 64 citations

The collapse of the fixed exchange rate regime with sticky wages and imperfect substitutability between domestic and foreign bonds

1988 • 56 citations

EMS and EMU After the Fall

1993 • 54 citations

Real aspects of exchange rate regime choice with collapsing fixed rates

1986 • 52 citations

Self-Fulfilling Expectations, Speculative Attack, and Capital Controls

1993 • 52 citations

Intramarginal intervention in the EMS and the target-zone model of exchange-rate behavior

1992 • 44 citations

A Model of the ERM Crisis

1994 • 42 citations

Managing exchange rate crises: evidence from the 1890s

1990 • 42 citations

Balance of payments crises in an optimal portfolio model

1991 • 38 citations

Capital controls and foreign exchange market crises in the EMS

1992 • 30 citations

The Integration of World Capital Markets

1993 • 26 citations

Market Anticipation, Government Policy, and the Price of Gold

1976 • 20 citations

The Instability of Fixed Exchange Rate Systems when Raising the Nominal Interest Rate is Costly

1995 • 17 citations

Managing the dollar

1988 • 13 citations

A Standard Monetary Model and the Variability of the Deutschemark-Dollarexchange Rate

1986 • 10 citations

Lessons of Experience under Fixed Exchange Rates

2012 • 7 citations

Relaxing the External Constraint: Europe in the 1930s

1990 • 4 citations

EMS and EMU After the Fall: A Comment

1993 • 2 citations