The December 1994 Mexican Peso Crisis

The 1994 Mexican Peso Crisis

"Contractionary Currency Crashes in Developing Countries," The Mundell Fleming Lecture, 2004IMF 5th Annual Research Conference.   NBER WP No. 11510.  IMF Staff Papers, 52, no. 2, 2005.

"Country Fund Discounts and the Mexican Crisis of 1994: Did Mexican Residents Turn Pessimistic Before International Investors?" (with Sergio Schmukler), Federal Reserve Board International Finance Discussion Paper No. 563. Condensed version of CIDER Working Paper No. C96-067. Open Economies Review 7, Fall 1996, 511-534. Reprinted in Currency Crashes: Causes, Consequences and Policy Responses, edited by George Tavlas, Kluwer, 1997, 81-104.

"Crises, Contagion, and Country Funds: Effects on East Asia and Latin America" (with Sergio Schmukler), Center for Pacific Basin Monetary and Economic Studies WP No. PB96-04, Federal Reserve Bank of San Francisco, September 1996. In Managing Capital Flows and Exchange Rates: Lessons from the Pacific Rim, Reuven Glick, editor; Cambridge University Press, 1998.