The operation and collapse of fixed exchange rate regimes

PM Garber, LEO Svensson - Handbook of international economics, 1995 - Elsevier
… Blanco and Garber noted that the permanent shadow floating exchange rate is the minimum
… Blanco and Garber modeled the difference between the new fixed rate and the shadow …

An essay on the revived Bretton Woods system

MP Dooley, D Folkerts-Landau, PM Garber - 2003 - nber.org
The economic emergence of a fixed exchange rate periphery in Asia has reestablished the
United States as the center country in the Bretton Woods international monetary system. We …

Collapsing exchange-rate regimes: Some linear examples

RP Flood, PM Garber - Journal of international Economics, 1984 - Elsevier
GARBER* In this paper we construct a pair of simple linear … in the data using tests like those
in Flood and Garber (1980). … “Blanco and Garber (1982) extend a log-linear version of our …

[BOOK][B] Famous first bubbles: The fundamentals of early manias

PM Garber - 2001 - books.google.com
… means, claims Peter Garber, is that we have grasped a near-empty explanation rather
than expend the effort to understand the event. In this book Garber offers market-fundamental …

Famous first bubbles

PM Garber - Journal of Economic perspectives, 1990 - aeaweb.org
Before economists relegate a speculative event to the inexplicable or bubble category, we
must exhaust all reasonable economic explanations. Among the “reasonable” or “market …

Market fundamentals versus price-level bubbles: The first tests

RP Flood, PM Garber - Journal of political economy, 1980 - journals.uchicago.edu
… In Flood and Garber (1980b) we show that, for the model used currently, the Taylor and
Blanchard indeterminacies are equivalent to the bubble indeterminacy that we study. …

Tulipmania

PM Garber - Journal of political Economy, 1989 - journals.uchicago.edu
Tulipmania Peter M. Garber Page 1 Tulipmania Peter M. Garber Brown University Though it
is always mentioned first among the list of obvious manias, no serious effort has ever been …

Recurrent devaluation and speculative attacks on the Mexican peso

H Blanco, PM Garber - Journal of political economy, 1986 - journals.uchicago.edu
… ' Probabilities of devaluation and conditional expected exchange rates for more than one
period into the future are developed in an earlier version of this paper (Blanco and Garber 1982…

[BOOK][B] Gold monetization and gold discipline

RP Flood, PM Garber - 1987 - Springer
… In Flood and Garber (1980b) we estimate a model similar to (10.9) and (10.10) and cannot
reject the hypothesis that only … Garber (1980a) 'An Economic Theory of Monetary Reform', …

[PDF][PDF] The collapse of the Bretton Woods fixed exchange rate system

PM Garber - A Retrospective on the Bretton Woods system: Lessons …, 1993 - nber.org
Garber is professor of economics at Brown University and a research associate of the … Garber
rightly points to the fact that the stock of official US dollar liabilities that could in principle be …