Exchange Market Pressure, Currency Crises, and Monetary Policy : Additional Evidence From Emerging Markets

Additional Evidence From Emerging Markets

Exchange Market Pressure, Currency Crises, and Monetary Policy : Additional Evidence From Emerging Markets
This paper extends my previous work by examining the relationship between monetary policy and exchange market pressure (EMP) in 32 emerging market countries. EMP is a gauge of the severity of crises, and part of this paper specifically analyzes crisis periods. Two variables gauge the stance of monetary policy: the growth of central bank domestic... READ MORE...

Publication date: January 2002
ISBN 9781451843132
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