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International financial contagion in currency crises

✍ Scribed by Francesco Caramazza; Luca Ricci; Ranil Salgado


Book ID
116658595
Publisher
Elsevier Science
Year
2004
Tongue
English
Weight
312 KB
Volume
23
Category
Article
ISSN
0261-5606

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On currency crises and contagion
✍ Marcel Fratzscher πŸ“‚ Article πŸ“… 2003 πŸ› John Wiley and Sons 🌐 English βš– 199 KB

## 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