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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Dettagli Bibliografici
Autore principale: Baig, Taimur
Altri autori: Goldfajn, Ilan
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 1998.
Serie:IMF Working Papers; Working Paper ; No. 1998/170
Accesso online:Full text available on IMF