At present times, Blockchain technology is gaining more attraction with every passing day,
as it has revolutionized the traditional trade due to its distributed ledger feature, every record …

This paper reviews the literature on financial crises focusing on three specific aspects. First,
what are the main factors explaining financial crises? Since many theories on the sources of …

This paper applies the standard rational expectations competitive storage model to the study
of thirteen commodities. It explains the skewness, and the existence of rare but violent …

The high food prices experienced over recent years have led to the widespread view that
food price volatility has increased. However, volatility has generally been lower over the two …

The recent balance-of-payments literature shows that-speculative attacks on a pegged
exchange rate must sometimes-occur if the path of the rate is riot to offer abnormal profit …

The book develops a methodology within which alternative proposals for stabilizing the
prices of agricultural and other commodities can be evaluated. It evolved from studies …

Publisher Summary This chapter surveys and synthesizes the issues for developing
economies. Two features of developing economies are particularly germane to the link …

This paper presents an empirical analysis of speculative attacks on pegged exchange rates
in 22 countries between 1967 and 1992. We define speculative attacks or crises as large …

This paper uses an infinite-horizon model based on individual maximizing behavior to study
whether explosive price-level paths unrelated to monetary growth--speculative …

" This Handbook adopts a traditional definition of the subject, and focuses primarily on the
explanation of international transactions in goods, services, and assets, and on the main …