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ECB: CHRONICLE OF CURRENCY COLLAPSES - Working Paper, July 2010

ECB: CHRONICLE OF CURRENCY COLLAPSES - Working Paper, July 2010

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Published by FloridaHoss
The objective of the paper is to revisit the relationship between currency collapses and GDP and identify some stylised facts.
The objective of the paper is to revisit the relationship between currency collapses and GDP and identify some stylised facts.

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Published by: FloridaHoss on Jul 20, 2010
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10/25/2012

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Working PaPer SerieS
no 1226 / july 2010
ChroniCle ofCurrenCyCollaPSeSre-examiningthe effeCtS onoutPut
by Matthieu Bussière,Sweta C. Saxenaand Camilo E. Tovar
 
WORKING PAPER SERIES
NO 1226 / JULY 2010
In 2010 all ECB publicationsfeature a motif taken from the €500 banknote.
CHRONICLE OFCURRENCY COLLAPSESRE-EXAMINING THEEFFECTS ON OUTPUT
1
by Matthieu Bussière
2
, Sweta C. Saxena
3
 and Camilo E. Tovar
4
1 This is a revised version of a paper previously entitled: “Chronicle of large currency devaluations: re-examining the effects on output”.The views expressed are solely the responsibility of the authors and do not necessarily reflect those of the Bank for International Settlements (BIS), the International Monetary Fund (IMF), the Bank of France or the Eurosystem.2 Banque de France, 31 rue Croix des petits champs, 75001 Paris, France; e-mail: matthieu.bussiere@banque-france.fr 3 International Monetary Fund (IMF), 700 19th Street, N.W., Washington DC 20431, USA; e-mail: ssaxena@imf.org 4 Bank for International Settlements (BIS), Centralbahnplatz 2, CH - 4002 Basel, Switzerland; e-mail: camilo.tovar@bis.org 
This paper can be downloaded without charge from http://www.ecb.europa.eu or from the Social ScienceResearch Network electronic library at http://ssrn.com/abstract_id=1633405.
NOTE: This Working Paper should not be reported as representingthe views of the European Central Bank (ECB).The views expressed are those of the authorsand do not necessarily reflect those of the ECB.
 
© European Central Bank, 2010Address
Kaiserstrasse 2960311 Frankfurt am Main, Germany
Postal address
Postfach 16 03 1960066 Frankfurt am Main, Germany
Telephone
+49 69 1344 0
Internet
http://www.ecb.europa.eu
Fax
+49 69 1344 6000
 All rights reserved. Any reproduction, publication and reprint in the form of a different  publication, whether printed or produced electronically, in whole or in part, is permitted only with the explicit writtenauthorisation of the ECB or the authors. Information on all of the papers published in the ECB Working Paper Series can be found on the ECB’s website, http://www.ecb.europa.eu/pub/scientific/wps/date/ html/index.en.html 
ISSN 1725-2806 (online)

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