ASEAN currency crises and contagion effects
This study examines the determinants of currency crises in ASEAN countries. The empirical results indicate that reserves inadequacy, an increase in banks' claims on the private sector, a deteriorating trade balance and misalignment of real exchange rates increase the probability of a speculativ...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Curtin University
2000
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| Online Access: | http://irep.iium.edu.my/8981/ http://irep.iium.edu.my/8981/2/Asia_Pacific_Journal_of_Econ_%26_Business.pdf |
| _version_ | 1848777082276937728 |
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| author | Yusoff, Mohammed Abdul Majid, Muhamed Zulkhibri |
| author_facet | Yusoff, Mohammed Abdul Majid, Muhamed Zulkhibri |
| author_sort | Yusoff, Mohammed |
| building | IIUM Repository |
| collection | Online Access |
| description | This study examines the determinants of currency crises in ASEAN countries. The empirical results indicate that reserves inadequacy, an increase in banks' claims on the private sector, a deteriorating trade balance and misalignment of real exchange rates increase the probability of a speculative attack on a currency. The results also suggest that currency crises could be contagious. |
| first_indexed | 2025-11-14T14:40:20Z |
| format | Article |
| id | iium-8981 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T14:40:20Z |
| publishDate | 2000 |
| publisher | Curtin University |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-89812013-07-19T07:12:51Z http://irep.iium.edu.my/8981/ ASEAN currency crises and contagion effects Yusoff, Mohammed Abdul Majid, Muhamed Zulkhibri HG3810 Foreign exchange This study examines the determinants of currency crises in ASEAN countries. The empirical results indicate that reserves inadequacy, an increase in banks' claims on the private sector, a deteriorating trade balance and misalignment of real exchange rates increase the probability of a speculative attack on a currency. The results also suggest that currency crises could be contagious. Curtin University 2000-12 Article PeerReviewed application/pdf en http://irep.iium.edu.my/8981/2/Asia_Pacific_Journal_of_Econ_%26_Business.pdf Yusoff, Mohammed and Abdul Majid, Muhamed Zulkhibri (2000) ASEAN currency crises and contagion effects. Asia Pacific Journal of Economics and Business, 4 (2). pp. 22-33. ISSN 1326-8481 http://www.cbs.curtin.edu.au/index.cfm?objectId=507F057D-D0CA-3156-D33346CCE241C4F7 |
| spellingShingle | HG3810 Foreign exchange Yusoff, Mohammed Abdul Majid, Muhamed Zulkhibri ASEAN currency crises and contagion effects |
| title | ASEAN currency crises and contagion effects |
| title_full | ASEAN currency crises and contagion effects |
| title_fullStr | ASEAN currency crises and contagion effects |
| title_full_unstemmed | ASEAN currency crises and contagion effects |
| title_short | ASEAN currency crises and contagion effects |
| title_sort | asean currency crises and contagion effects |
| topic | HG3810 Foreign exchange |
| url | http://irep.iium.edu.my/8981/ http://irep.iium.edu.my/8981/ http://irep.iium.edu.my/8981/2/Asia_Pacific_Journal_of_Econ_%26_Business.pdf |