Asian financial crisis

The paper studies the monetary approach to exchange rate for a group of five Pacific Basin economies, using quarterly data for the period of post – Asian financial crisis. Estimated results reveal that for Thailand and the Indonesia which were most affected by Asian financial crisis, monetary model did not work for explaining exchange rate movements.

10p tohitohi 22-05-2020 19 1   Download

THE EAST ASIAN FINANCIAL CRISIS: A CRITICAL EXAMINATION OF FOUR ALTERNATIVE MODELS David Card and Alan Krueger provided the SAT data used throughout. Cecilia Rouse provided the hard-to-obtain School District Data Book used in Chapters 1 and 2. Saul Geiser and Roger Studley of the University of California Office of the President provided the student records that permitted the research in Chapter 3.

328p mualan_mualan 25-02-2013 75 10   Download

INTRODUCTION: The financial crisis which began in July 1997 in Thailand and affected currencies, stock markets, and other asset prices in several Asian countries, many considered East Asian Tigers. Growth rates in these countries which were in excess of five percent before 1997, turned sharply negative in 1998 and, at the time of this writing it is not yet clear when these economies will turn the corner and resume positive rates of growth. This report examines how "the Asian miracle" became the “Asian Meltdown”. This paper will analyze the different key factors that caused the crisis....

13p sinhvienmoi 08-03-2010 173 29   Download