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...

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Detaylı Bibliyografya
Yazar: Saxena, Sweta
Diğer Yazarlar: Cerra, Valerie
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2000.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2000/157
Online Erişim:Full text available on IMF