Output Response to Currency Crises /
This paper analyzes the behavior of output during currency crises using a sample of 195 crisis episodes in 91 developing countries during 1970-98. It finds that more than two-fifths of the crises in the sample were expansionary, and that output contraction was greater in large and more developed eco...
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Otros Autores: | , |
Formato: | Revista |
Lenguaje: | English |
Publicado: |
Washington, D.C. :
International Monetary Fund,
2003.
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Colección: | IMF Working Papers; Working Paper ;
No. 2003/230 |
Acceso en línea: | Full text available on IMF |