Currency Crises and Monetary Policy in an Economy with Credit Constraints: The No Interest Parity Case

Business & Economics

• Balance Sheet 29%
• Credit 28%
• Credit Constraints 72%
• Currency 30%
• Currency Crises 72%
• Exchange Rates 43%
• Foreign Currency Debt 45%
• Interest Parity 100%
• Interest Rates 43%
• Martingale 35%
• Monetary Policy 86%
• Money Demand 34%
• Multiplier 30%
• Optimal Monetary Policy 38%
• Policy Responses 33%
• Price Rigidity 39%
• Private Sector 23%
• Threat 22%
• Uncovered Interest Parity 42%