Expiré : 2017/11/24 – 24 novembre – Workshop MACME 4

Le quatrième workshop MACME (Modeling and Analysis of Complex Monetary Economies) se tiendra le vendredi 24 novembre 2017, à l’Auditorium de la Maison des sciences de l’Homme de Paris Nord.

Au programme : Gérard Ballot, Federico Bassi, Antoine Godin, Maxime Gueuder, Jean-Daniel Kant, Dany Lang, Marc Lavoie, André Lorentz, Italo Pedrosa, Maria Roubtsova, Andrea Roventini, Pascal Seppecher, Oliver Williams.

Working Paper n°2017-18 – The Fragility of Emerging Currencies Since the 2000s – a Minskyan Analysis

Auteurs

Raquel A. Ramos, CEPN, UMR-CNRS 7234, Université Paris 13, Sorbonne Paris Cité – raquelalmeidaramos@yahoo.com.br

Abstract

The currencies of a few emerging market economies (EME) have being following a
specific dynamic since the early 2000s: they are strongly connected to financial markets internationally,
appreciating in moments of tranquility and presenting sharp depreciations in peaks of
uncertainty. What is the mechanism behind this specific dynamic that contradicts mainstream
exchange-rate theories? To answer this question, this article applies the …[Lire la suite]