Are Currency Crises Predictable? /

This paper studies whether exchange rate expectations and overvaluations are predictors of currency crises. The results suggest that overvaluation has predictive power in explaining crises. However, although expected depreciation obtained from survey data partially takes different measures of exchan...

Full beskrivning

Bibliografiska uppgifter
Huvudupphovsman: Valdes, Rodrigo
Övriga upphovsmän: Goldfajn, Ilan
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 1997.
Serie:IMF Working Papers; Working Paper ; No. 1997/159
Länkar:Full text available on IMF