Fundamentals, contagion and currency crises : an empirical analysis / by Mark Kruger, Patrick N. Osakwe and Jennifer Page. : FB3-2/98-10E

This paper examines the determinants of currency crises in Latin America, Asia and Africa. It asks two basic questions: (a) Are currency crises linked to economic fundamentals? and; (b) Is there any evidence of a contagion effect after controlling for the potential effects of economic fundamentals?...Our paper also provides empirical evidence in support of the idea that currency crises could be contagious.--Abstract

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Publication information
Department/Agency Bank of Canada.
Title Fundamentals, contagion and currency crises : an empirical analysis / by Mark Kruger, Patrick N. Osakwe and Jennifer Page.
Series title Working paper1192-543498-10
Publication type Series - View Master Record
Language [English]
Format Paper
Other formats Electronic-[English]
Note(s) This paper examines the determinants of currency crises in Latin America, Asia and Africa. It asks two basic questions: (a) Are currency crises linked to economic fundamentals? and; (b) Is there any evidence of a contagion effect after controlling for the potential effects of economic fundamentals?...Our paper also provides empirical evidence in support of the idea that currency crises could be contagious.--Abstract
(Résumés en français.)
Publishing information Ottawa - Ontario : Bank of Canada 1998.
Binding Softcover
Description 28p. : graphs, references, tables ; 28 cm.
ISBN 0-662-27019-3
ISSN 1192-5434
Catalogue number
  • FB3-2/98-10E
Subject terms Currency
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