Results 221 to 230 of about 8,055 (265)

Banking Crisis, Currency Crisis and Growth

SSRN Electronic Journal, 2017
This paper examines the effect of banking and currency crises on long-run growth. Our data cover 130 economies from 1800 to 2010, some dating from 1800 with the rest beginning in later years. The data include banking crises, currency crises, output per worker, growth rate of population and regional dummies. We found that both the frequency of banking
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Asian Currency Crisis

1999
The Asian currency crisis that began in July 1997 with the devaluation of the Thai baht shows little sign of abating. Indeed, the very poor state of the domestic economies in the region, which as yet show no real signs of improving, would suggest that this crisis is likely to deepen in the period ahead and that it could spread further to countries that
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Is a currency board an answer to Asia’s currency crisis?

Managerial Finance, 2000
Contrasts the stability of Hong Kong’s currency with the fall of other Asian currencies during the 1997‐1998 crisis and asks whether a Hong Kong‐style currency board could help other Asian countries. Discusses the underlying causes of the crisis and compares it with the currency crises of the European Monetary System (1992‐1993) and Mexico (1994‐1995).
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A model to explain the duration of a currency crisis

International Journal of Finance & Economics, 2000
There are two main schools of thought which seek to explain currency crises: fundamentalist theories (Krugman P. 1979) and speculative theories (Obstfeld M. 1986). However, neither of these approaches considers the duration of a currency crisis. I explain the duration of a crisis in terms of a war of attrition model.
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SOLUTION UNIQUENESS IN A CLASS OF CURRENCY CRISIS GAMES

International Game Theory Review, 2005
A common feature of many speculative attack models on currencies is the existence of multiple equilibrium solutions. When choosing the equilibrium strategy, a trader faces Knightian uncertainty about the rational choice of the other traders. We show that the concept of Choquet expected utility maximization under Knightian uncertainty leads to unique ...
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The Moldovan Currency Crisis of 1998

2003
Moldova’s major currency crisis came on the heels of the August 1998 Russian crisis. The crisis led to the rapid depreciation of the domestic currency and dramatic changes in the structure of the balance of payments. Capital flight brought the country to the verge of default.
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Is There an End to the Currency Crisis in Turkey?: An Empirical Investigation

India Studies in Business and Economics, 2022
Balaga Mohana Rao
exaly  

The financial leverage–financial performance relationship in the emerging market of Turkey: the role of financial distress risk and currency crisis

EuroMed Journal of Business, 2023
Ismail Kalash
exaly  

SOURCES OF ASIAN CURRENCY CRISIS [PDF]

, 2004
This study examines the sources of currency crises in ASEAN. The empirical findings indicate that reserve inadequacy, increase of bank’s claims on private sector, deteriorating trade balance and misalignment of real exchange rate increase the probability of a speculative attack on a currency.
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Structural vulnerability and resilience to currency crisis: Foreign currency debt versus export

North American Journal of Economics and Finance, 2017
Ryota Nakatani
exaly