The Unstable EMS

A Model of Balance-of-Payments Crises

Paúl Krugman · Journal of money credit and banking · 1979 · 2.9K citations

Monetary Policy, Economics, Balance-of-payments Crises +7

Collapsing exchange-rate regimes

Robert P. Flood, Peter M. Garber · Journal of International Economics · 1984 · 1.2K citations

Monetary Policy, Economics, Exchange Rate Regimes +9

Excessive Deficits: Sense and Nonsense in the Treaty of Maastricht

Willem H. Buiter, Giancarlo Corsetti, Nouriel Roubini et al. · Economic Policy · 1993 · 582 citations

Monetary Policy Games and the Role of Private Information

Matthew B. Canzoneri · International Finance Discussion Paper · 1984 · 449 citations · Full text

Monetary Policy, Economics, Public Policy +15

Sovereign Debt as a Contingent Claim: Excusable Default, Repudiation, and Reputation

Herschel I. Grossman, John B. Van Huyck · American Economic Review · 1985 · 445 citations

Law, Bankruptcy, Stylized Facts +17