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Coordination, cooperation, contagion and currency crises

✍ Scribed by Olivier Loisel; Philippe Martin


Book ID
117139995
Publisher
Elsevier Science
Year
2001
Tongue
English
Weight
132 KB
Volume
53
Category
Article
ISSN
0022-1996

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## Abstract This paper analyses the role of contagion in the currency crises in emerging markets during the 1990s. It employs a non‐linear Markov‐switching model to conduct a systematic comparison and evaluation of three distinct causes of currency crises: contagion, weak economic fundamentals, and