Experimental analysis on the role of a large speculator in currency crises / Yasuhiro Arikawa, Kumi Suzuki-Löffelholz, and Kenshi Taketa.

Corsetti, Dasgupta, Morris, and Shin (2004, RES) demonstrate that the presence of the large speculator can cause the remaining traders to be more aggressive in speculative attacks in the foreign exchange market. We conduct an experimental analysis designed to test theoretical findings of Corsetti,...

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Bibliographic Details

Online Access:	Click here to view publication online
Main Author:	Arikawa, Yasuhiro
Corporate Author:	Nihon Ginkō. Kin'yū Kenkyūjo
Other Authors:	Suzuki-Löffelholz, Kumi, Taketa, Kenshi
Format:	Book
Language:	English
Published:	Tokyo : Institute for Monetary and Economic Studies, Bank of Japan, 2006.
Series:	IMES discussion paper series ; no. 2006-E-4.
Subjects:	Financial crises > Econometric models. Foreign exchange rates > Econometric models. Monetary policy > Econometric models.