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...

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Main Authors: Abdul Majid, Muhd Zulkhibri, Yusoff, Mohammed
Format: Book Chapter
Language:English
Published: Ashgate Publishing Limited 2005
Subjects:
Online Access:http://irep.iium.edu.my/28313/1/Chapter_11_sources_of_the_Asian_currency_crisis.pdf
http://irep.iium.edu.my/28313/
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spelling my.iium.irep.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 REM 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
institution Universiti Islam Antarabangsa Malaysia
building IIUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider International Islamic University Malaysia
content_source IIUM Repository (IREP)
url_provider http://irep.iium.edu.my/
language English
topic HG3810 Foreign exchange
spellingShingle HG3810 Foreign exchange
Abdul Majid, Muhd Zulkhibri
Yusoff, Mohammed
Sources of the Asian currency crisis
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.
format Book Chapter
author Abdul Majid, Muhd Zulkhibri
Yusoff, Mohammed
author_facet Abdul Majid, Muhd Zulkhibri
Yusoff, Mohammed
author_sort Abdul Majid, Muhd Zulkhibri
title Sources of the Asian currency crisis
title_short 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_sort sources of the asian currency crisis
publisher Ashgate Publishing Limited
publishDate 2005
url http://irep.iium.edu.my/28313/1/Chapter_11_sources_of_the_Asian_currency_crisis.pdf
http://irep.iium.edu.my/28313/
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