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The role of information in exchange rate policy and the reaction of banks during the 2007/08 crisis

The disclosure of information about the policy making process and the release of new databases may add relevant information about the exchange rate to guide the public's expectation, but may also mislead it. Asymmetric information also reinforces the importance of the learning process for policy makers and financial markets. This dissertation focuses on the role of information in the political economics of exchange rates. The two first chapters provide empirical studies of how access to information shapes and constraints the choice of exchange rate policy (official statement and implemented policy). The last chapter considers the question of whether international banks learn from their previous crisis experiences and reduce their lending to developing countries as a result of a financial crisis. It focuses on the experience accumulated with past financial crises. / Doctorat en Sciences économiques et de gestion / info:eu-repo/semantics/nonPublished

Identiferoai:union.ndltd.org:ulb.ac.be/oai:dipot.ulb.ac.be:2013/209107
Date01 October 2014
CreatorsMinne, Geoffrey
ContributorsCastanheira De Moura, Micael, Méon, Pierre-Guillaume, Gassner, Marjorie, Sekkat, Khalid, Panizza, Ugo, Weil, Philippe
PublisherUniversite Libre de Bruxelles, Université libre de Bruxelles, Faculté Solvay Brussels School of Economics and Management, Bruxelles
Source SetsUniversité libre de Bruxelles
LanguageEnglish
Detected LanguageEnglish
Typeinfo:eu-repo/semantics/doctoralThesis, info:ulb-repo/semantics/doctoralThesis, info:ulb-repo/semantics/openurl/vlink-dissertation
Format1 v. (ix, 163 p.), No full-text files

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