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An event study of institutions and currency crises

✍ Scribed by Pattama L. Shimpalee; Janice Boucher Breuer

Book ID
116868937
Publisher
Elsevier Science
Year
2007
Tongue
English
Weight
436 KB
Volume
16
Category
Article
ISSN
1058-3300

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## Abstract Using panel data of 192 countries from 1970 through 1999, and 195 currency crisis episodes, this study examines the effect of membership in a currency union on the probability of experiencing a currency crisis. Both parametric and non‐parametric estimates suggest that membership in a cu