|
Brunel University Research Archive (BURA) >
Schools >
School of Social Sciences >
School of Social Sciences Research Papers >
Please use this identifier to cite or link to this item:
http://bura.brunel.ac.uk/handle/2438/927
|
| Title: | Are currency crises self-fulfilling? The case of Argentina |
| Authors: | Boinet, V
Napolitano, O
Spagnolo, N |
| Keywords: | Currency crises, multiple equilibria, Markov-switching. |
| Publication Date: | 2002 |
| Publisher: | Brunel University |
| Citation: | Economics and Finance Working papers, Brunel University. 02-26 |
| Abstract: | This paper analyzes the 2002 Argentine crisis using the Jeanne and Masson (2000)
model with sunspots. Testing this model empirically through a Markov-switching model
suggests that self-sulfilling prophecies is a reasonable explanation for the devaluation of
the peso. |
| URI: | http://bura.brunel.ac.uk/handle/2438/927 |
| Appears in Collections: | School of Social Sciences Research Papers
Economics and Finance
|
Items in BURA are protected by copyright, with all rights reserved, unless otherwise indicated.
|
