What Caused the 1991 Currency Crisis in India? /

Did real overvaluation contribute to the 1991 currency crisis in India? This paper seeks an answer by constructing the equilibrium real exchange rate, using an error correction model and a technique developed by Gonzalo and Granger (1995). The results are affirmative and the evidence indicates that...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Saxena, Sweta
Beste egile batzuk: Cerra, Valerie
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2000.
Saila:IMF Working Papers; Working Paper ; No. 2000/157
Sarrera elektronikoa:Full text available on IMF