ASEAN currency crises and contagion effects

ASEAN currency crises and contagion effects

This study examines the determinants of currency crises in ASEAN countries. The empirical results indicate that reserves inadequacy, an increase in banks' claims on the private sector, a deteriorating trade balance and misalignment of real exchange rates increase the probability of a speculativ...

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Main Authors: Yusoff, Mohammed, Abdul Majid, Muhamed Zulkhibri
Format: Article
Language:English
Published: Curtin University 2000
Subjects:
HG3810 Foreign exchange
Online Access:http://irep.iium.edu.my/8981/
http://irep.iium.edu.my/8981/
http://irep.iium.edu.my/8981/2/Asia_Pacific_Journal_of_Econ_%26_Business.pdf
id iium-8981
recordtype eprints
spelling iium-89812013-07-19T07:12:51Z http://irep.iium.edu.my/8981/ ASEAN currency crises and contagion effects Yusoff, Mohammed Abdul Majid, Muhamed Zulkhibri HG3810 Foreign exchange This study examines the determinants of currency crises in ASEAN countries. The empirical results indicate that reserves inadequacy, an increase in banks' claims on the private sector, a deteriorating trade balance and misalignment of real exchange rates increase the probability of a speculative attack on a currency. The results also suggest that currency crises could be contagious. Curtin University 2000-12 Article PeerReviewed application/pdf en http://irep.iium.edu.my/8981/2/Asia_Pacific_Journal_of_Econ_%26_Business.pdf Yusoff, Mohammed and Abdul Majid, Muhamed Zulkhibri (2000) ASEAN currency crises and contagion effects. Asia Pacific Journal of Economics and Business, 4 (2). pp. 22-33. ISSN 1326-8481 http://www.cbs.curtin.edu.au/index.cfm?objectId=507F057D-D0CA-3156-D33346CCE241C4F7
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
Yusoff, Mohammed
Abdul Majid, Muhamed Zulkhibri
ASEAN currency crises and contagion effects
description This study examines the determinants of currency crises in ASEAN countries. The empirical results indicate that reserves inadequacy, an increase in banks' claims on the private sector, a deteriorating trade balance and misalignment of real exchange rates increase the probability of a speculative attack on a currency. The results also suggest that currency crises could be contagious.
format Article
author Yusoff, Mohammed
Abdul Majid, Muhamed Zulkhibri
author_facet Yusoff, Mohammed
Abdul Majid, Muhamed Zulkhibri
author_sort Yusoff, Mohammed
title ASEAN currency crises and contagion effects
title_short ASEAN currency crises and contagion effects
title_full ASEAN currency crises and contagion effects
title_fullStr ASEAN currency crises and contagion effects
title_full_unstemmed ASEAN currency crises and contagion effects
title_sort asean currency crises and contagion effects
publisher Curtin University
publishDate 2000
url http://irep.iium.edu.my/8981/
http://irep.iium.edu.my/8981/
http://irep.iium.edu.my/8981/2/Asia_Pacific_Journal_of_Econ_%26_Business.pdf
first_indexed 2023-09-18T20:18:46Z
last_indexed 2023-09-18T20:18:46Z
_version_ 1777407965193568256

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