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Current Account Reversals and Currency Crises

Current Account Reversals and Currency Crises »

Source: Current Account Reversals and Currency Crises : Empirical Regularities

Volume/Issue: 1998/89

Series: IMF Working Papers

Author(s): Gian Milesi-Ferretti , and Assaf Razin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1998

ISBN: 9781451952421

Keywords: currency crisis, current account reversal, growth, real exchange rate, current account deficits, currency crises, current account balance, current account reversals

This paper studies large reductions in current account deficits and exchange rate depreciations in low- and middle-income countries. It examines which factors help predict the occurrence of a reversal or a currency...

Current Account Reversals and Currency Crises
			: Empirical Regularities

Current Account Reversals and Currency Crises : Empirical Regularities »

Volume/Issue: 1998/89

Series: IMF Working Papers

Author(s): Gian Milesi-Ferretti , and Assaf Razin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1998

DOI: http://dx.doi.org/10.5089/9781451952421.001

ISBN: 9781451952421

Keywords: currency crisis, current account reversal, growth, real exchange rate, current account deficits, currency crises, current account balance, current account reversals

This paper studies large reductions in current account deficits and exchange rate depreciations in low- and middle-income countries. It examines which factors help predict the occurrence of a reversal or a currency...