Corporate leverage and currency crises
✍ Scribed by Arturo Bris; Yrjö Koskinen
- Book ID
- 114221252
- Publisher
- Elsevier Science
- Year
- 2002
- Tongue
- English
- Weight
- 318 KB
- Volume
- 63
- Category
- Article
- ISSN
- 0304-405X
No coin nor oath required. For personal study only.
📜 SIMILAR VOLUMES
## 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
## 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