Teaching Materials
Reading list
Obstfeld, M.(1996). Models of currency crises with self-fulfilling features, European Economic Review 40, pp.1037- 1047.
Krugman, P. (1979). A model of Balance of Payments Crisis, Journal of Money, Credit and Banking, vol.11, issue 3, pp.311-325
Chapman, Sh., and M. Mulino. (2001). Explaining Russia’s Currency and Financial Crisis, MOCT-MOST 11: 1-26.
Schuler, K (2002). Fixing Argentina, Cato Institute working paper.
Garrison, R. The Austrian School.
Diamond, D., R. Rajan R. (2009). The credit crises: conjectures about causes and remedies, NBER Working Paper Series, WP No 14739.
Berlemann, M. and N. Nenovsky, (2004), Lending of First versus Lending of Last Resort:The Bulgarian Financial Crisis of 1996/1997, Comparative Economic Studies 46, 245-271
Nenovsky, N., J B Desquilbet (2004) Credibility and adjustment: gold standards and currency boards compared , William Davidson Institute Working Paper, University of Michigan, N 692
Berlemann, M., N. Nenovsky, (2004), Currency Boards and Financial Stability: Experiences from Argentina and Bulgaria, in: Sovereign risk and financial crisis, Frenkel, M., Karmann, A., Scholtens, B., Eds), Spinger -Verlag, pp. 237 – 257
Nenovsky, N., K. Hristov (2002). New Currency Boards and Discretion. The Empirical Evidence from Bulgaria, Economic Systems (Elsevier), vol. 26, N 1, pp. 55-72
Nenovsky, N., Hristov, K. Mihaylov, M. (2002). Comparing institutional and organizational design of Currency Boards in transition countries, Eastern European Economics, vol. 40, pp. 3-36
Nenovsky, N., K. Hristov (2002). New Currency Boards and Discretion. The Empirical Evidence from Bulgaria, Economic Systems (Elsevier), vol. 26, N 1, pp. 55-72
Fisher, I. (1933). The Dept-Deflation Theory of Great Depression, Econometrica, vol.1, No 4, pp.337-357
Dooley, M. (2000). a model of crisis in emerging markets, The Economic Journal, No110, pp. 256-272.
LINKS
CATO Institute
European Central Bank
International Monetary Fund
Bank for International Settlement
ECB (2008). Euro area yield curve.
ECB (2008). Euro area yield curve.