Contagion, Monsoons, and Domestic Turmoil in Indonesia : A Case Study in the Asian Currency Crisis /
This paper investigates whether Indonesia's recent currency crisis was due to domestic fundamentals, common external shocks ('monsoons'), or contagion from neighboring countries. Markov-switching models attribute speculative pressure on Indonesia's currency to domestic political...
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2000.
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Series: | IMF Working Papers; Working Paper ;
No. 2000/060 |
Online Access: | Full text available on IMF |