Sources of the Asian currency crisis
This study examines the determinants of currency crises in Malaysia, Thailand,Indonesia, and the Philippines using quaterly panel data. The results indicate that reserve inadequacy, deteriorating trade balance, increases of banks'claims on private sector, and misalignment of exchange rate will...
| Main Authors: | , |
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| Format: | Book Chapter |
| Language: | English |
| Published: |
Ashgate Publishing Limited
2005
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/28313/ http://irep.iium.edu.my/28313/1/Chapter_11_sources_of_the_Asian_currency_crisis.pdf |
| _version_ | 1848779949515735040 |
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| author | Abdul Majid, Muhd Zulkhibri Yusoff, Mohammed |
| author_facet | Abdul Majid, Muhd Zulkhibri Yusoff, Mohammed |
| author_sort | Abdul Majid, Muhd Zulkhibri |
| building | IIUM Repository |
| collection | Online Access |
| description | This study examines the determinants of currency crises in Malaysia, Thailand,Indonesia, and the Philippines using quaterly panel data. The results indicate that reserve inadequacy, deteriorating trade balance, increases of banks'claims on private sector, and misalignment of exchange rate will increase the probalilty of a speculative attack. The results also suggest that currency crises could be contagious. |
| first_indexed | 2025-11-14T15:25:54Z |
| format | Book Chapter |
| id | iium-28313 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T15:25:54Z |
| publishDate | 2005 |
| publisher | Ashgate Publishing Limited |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-283132017-08-09T02:39:25Z http://irep.iium.edu.my/28313/ Sources of the Asian currency crisis Abdul Majid, Muhd Zulkhibri Yusoff, Mohammed HG3810 Foreign exchange This study examines the determinants of currency crises in Malaysia, Thailand,Indonesia, and the Philippines using quaterly panel data. The results indicate that reserve inadequacy, deteriorating trade balance, increases of banks'claims on private sector, and misalignment of exchange rate will increase the probalilty of a speculative attack. The results also suggest that currency crises could be contagious. Ashgate Publishing Limited 2005 Book Chapter PeerReviewed application/pdf en http://irep.iium.edu.my/28313/1/Chapter_11_sources_of_the_Asian_currency_crisis.pdf Abdul Majid, Muhd Zulkhibri and Yusoff, Mohammed (2005) Sources of the Asian currency crisis. In: Open economy macroeconomics in East Asia. Ashgate Publishing Limited, England, pp. 215-228. ISBN 9780754644002 |
| spellingShingle | HG3810 Foreign exchange Abdul Majid, Muhd Zulkhibri Yusoff, Mohammed Sources of the Asian currency crisis |
| title | Sources of the Asian currency crisis |
| title_full | Sources of the Asian currency crisis |
| title_fullStr | Sources of the Asian currency crisis |
| title_full_unstemmed | Sources of the Asian currency crisis |
| title_short | Sources of the Asian currency crisis |
| title_sort | sources of the asian currency crisis |
| topic | HG3810 Foreign exchange |
| url | http://irep.iium.edu.my/28313/ http://irep.iium.edu.my/28313/1/Chapter_11_sources_of_the_Asian_currency_crisis.pdf |