Discriminating Contagion : An Alternative Explanation of Contagious Currency Crises in Emerging Markets

An Alternative Explanation of Contagious Currency Crises in Emerging Markets

Discriminating Contagion : An Alternative Explanation of Contagious Currency Crises in Emerging Markets
This paper shows that a country's vulnerability to contagious crises depends on the visible similarities between that country and other countries that are experiencing crises. A country is vulnerable to shifts in investor sentiment if it exhibits weaknesses in the same economic variables as other countries affected by a contagious crisis... READ MORE...

Publication date: February 2000
ISBN 9781451843118
$15.00

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