Monetary Policy in the Aftermath of Currency Crises : The Case of Asia /

This paper evaluates monetary policy and its relationship with the exchange rate in five Asian crisis countries. The findings are compared with previous currency crises in recent history. The paper finds no evidence of overly tight monetary policy in the Asian crisis countries in 1997 and early 1998...

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Detalhes bibliográficos
Autor principal: Baig, Taimur
Outros Autores: Goldfajn, Ilan
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1998.
coleção:IMF Working Papers; Working Paper ; No. 1998/170
Acesso em linha:Full text available on IMF