Sources of the Asian currency crisis

This study examines the determinants of currency crises in Malaysia, Thailand,Indonesia, and the Philippines using quaterly panel data. The results indicate that reserve inadequacy, deteriorating trade balance, increases of banks'claims on private sector, and misalignment of exchange rate will...

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Bibliographic Details
Main Authors:	Abdul Majid, Muhd Zulkhibri, Yusoff, Mohammed
Format:	Book Chapter
Language:	English
Published:	Ashgate Publishing Limited 2005
Subjects:	HG3810 Foreign exchange
Online Access:	http://irep.iium.edu.my/28313/ http://irep.iium.edu.my/28313/1/Chapter_11_sources_of_the_Asian_currency_crisis.pdf

id	iium-28313
recordtype	eprints
spelling	iium-283132017-08-09T02:39:25Z http://irep.iium.edu.my/28313/ Sources of the Asian currency crisis Abdul Majid, Muhd Zulkhibri Yusoff, Mohammed HG3810 Foreign exchange This study examines the determinants of currency crises in Malaysia, Thailand,Indonesia, and the Philippines using quaterly panel data. The results indicate that reserve inadequacy, deteriorating trade balance, increases of banks'claims on private sector, and misalignment of exchange rate will increase the probalilty of a speculative attack. The results also suggest that currency crises could be contagious. Ashgate Publishing Limited 2005 Book Chapter PeerReviewed application/pdf en http://irep.iium.edu.my/28313/1/Chapter_11_sources_of_the_Asian_currency_crisis.pdf Abdul Majid, Muhd Zulkhibri and Yusoff, Mohammed (2005) Sources of the Asian currency crisis. In: Open economy macroeconomics in East Asia. Ashgate Publishing Limited, England, pp. 215-228. ISBN 9780754644002
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HG3810 Foreign exchange
spellingShingle	HG3810 Foreign exchange Abdul Majid, Muhd Zulkhibri Yusoff, Mohammed Sources of the Asian currency crisis
description	This study examines the determinants of currency crises in Malaysia, Thailand,Indonesia, and the Philippines using quaterly panel data. The results indicate that reserve inadequacy, deteriorating trade balance, increases of banks'claims on private sector, and misalignment of exchange rate will increase the probalilty of a speculative attack. The results also suggest that currency crises could be contagious.
format	Book Chapter
author	Abdul Majid, Muhd Zulkhibri Yusoff, Mohammed
author_facet	Abdul Majid, Muhd Zulkhibri Yusoff, Mohammed
author_sort	Abdul Majid, Muhd Zulkhibri
title	Sources of the Asian currency crisis
title_short	Sources of the Asian currency crisis
title_full	Sources of the Asian currency crisis
title_fullStr	Sources of the Asian currency crisis
title_full_unstemmed	Sources of the Asian currency crisis
title_sort	sources of the asian currency crisis
publisher	Ashgate Publishing Limited
publishDate	2005
url	http://irep.iium.edu.my/28313/ http://irep.iium.edu.my/28313/1/Chapter_11_sources_of_the_Asian_currency_crisis.pdf
first_indexed	2023-09-18T20:41:48Z
last_indexed	2023-09-18T20:41:48Z
_version_	1777409415139295232

Sources of the Asian currency crisis

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