This dissertation is an inquiry focused on the role of the sovereign debt structure in currency crisis. The work explores this topic through the lens of canonical literature and leverages this reading in both theoretical and empirical exercises.This paper takes up the notion that nations are accumulating such seemingly super adequate levels of reserves as buffer against external shocks to their economy. The traditional rule of thumb for reserve adequacy held that 3 months ofanbsp;...
|Title||:||Essays in Emerging Market Crisis: The Role of Sovereign Debt|
|Author||:||Mathew Brent Bradbury|
|Publisher||:||ProQuest - 2008|