Discriminating Contagion : An Alternative Explanation of Contagious Currency Crises in Emerging Markets »
Series: IMF Working Papers
Author(s): Pavan Ahluwalia
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 February 2000
Keywords: Contagion, currency crisis, balance-of-payments, exchange rate, speculative, currency crises, real exchange rate
This paper shows that a country’s vulnerability to contagious crises depends on the visible similarities between that country and other countries that are experiencing crises. A country is vulnerable to shif...