Basdevant, Olivier; Hall, Stephen George(Elsevier, 2002)
The purpose of this paper is to examine the exchange rate volatility of the ruble, before the August 1998 crisis, using a macro-economic model of the Russian Federation developed by Basdevant (2000). A main focus of this ...
Basdevant, Olivier; De Wet, Theuns J.(Faculty of Economic and Management Sciences, University of Pretoria, 2000-09)
The sustainability of debt is a crucial issue in developing and transitional economies. In this paper, it shows that a bubble in the real exchange rate could result in a sudden collapse in the sustainability of a country's ...
