Reverse Speculative Attacks
NBER Working Paper No. 22298
---- Acknowledgments ----
Prepared for the Bank of Switzerland International Economic Conference. We thank Mario Crucini for his comments, Alberto Martin and Chris Tonetti for great discussions and seminar
participants at Gerzensee, NYU Stern and Michigan for comments. The views expressed herein are those of the authors and not necessarily those of the Federal Reserve Bank of Minneapolis, the Federal Reserve System, or the National Bureau of Economic Research.