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통화위기의 발생 메커니즘과 전염이론에 관한 서베이

Understanding Currency Crises and Their Contagion

임현준|오동철
한국계량경제학회|2014.09|계량경제학보 (Journal of Economic Theory and Econometrics)|제25권 제3호|pp. 30-62|DOI 10.22812/jetem.2014.25.3.002

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참고문헌

키워드

통화위기전염글로벌 게임Currency CrisisContagionGlobal Games
주제분류경제학

초록

본고는 통화위기의 발생 메커니즘과 그 전염경로에 대하여 이론적 설명을 시도한 연구를 소개하고 그 시사점을 도출하였다. 전통적인 통화위기 모형(1·2·3세대 모형)의 기본적인 이론을 정리하고 각 모형의 시사점과 한계를 평가하였다. 아울러 글로벌 게임이론(global game theory)을 적용하여 전통적인 통화위기 모형의 한계와 위기의 전염현상에 관한 새로운 관점에서의 접근방식을 소개하였다.

Abstract

This paper discusses theoretical explanations of currency crises and the contagion from them. We provide a basic introduction to the frameworks of three classical currency crisis models and assess each model’s implications. We then introduce a global game approach in these crisis models, which helps to overcome the limits found in them. Based on our global game analysis, we explain contagion between two economies.

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관련 논문AI추천

金融危機 傳染效果의 理論과 實際Chi-Young Song대외경제정책연구원 · East Asian Economic Review2000 · 제4권 제3호자기실현적 외화유동성 위기와 전염효과: 투자자 심리모형을 중심으로박대근한국계량경제학회 · 계량경제학보2004 · 제15권 제1호금융시장 충격 전염 이론에 관한 서베이오동철, 임현준한국은행 · 경제분석2013 · 제19권 제3호동아시아 금융위기와 외환위기의 이론적 고찰강철구, 윤일현국제지역연구원 · 아태연구2006 · 제13권 제2호아시아 外換危機에 대한 최근 論議動向이재준대외경제정책연구원 · East Asian Economic Review1998 · 제2권 제3호최근 외환시장의 투기적 공격 메커니즘과 방어전략 : 문제점 및 정책시사점을 중심으로윤창현대외경제정책연구원 · East Asian Economic Review1999 · 제3권 제3호

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