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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Bibliographic Details
Main Author: Saxena, Sweta
Other Authors: Cerra, Valerie
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2000.
Series:IMF Working Papers; Working Paper ; No. 2000/060
Online Access:Full text available on IMF