Current Account Reversals and Currency Crises : Empirical Regularities /

This paper studies large reductions in current account deficits and exchange rate depreciations in low- and middle-income countries. It examines which factors help predict the occurrence of a reversal or a currency crisis, and how these events affect macroeconomic performance. Both domestic factors,...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Milesi-Ferretti, Gian
Weitere Verfasser: Razin, Assaf
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 1998.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 1998/089
Online Zugang:Full text available on IMF