Back to Search
Start Over
THE BRAZILIAN CURRENCY TURMOIL OF 2002: A NONLINEAR ANALYSIS.
- Source :
- International Journal of Finance & Economics; Oct2005, Vol. 10 Issue 4, p289-306, 18p, 8 Graphs
- Publication Year :
- 2005
-
Abstract
- This paper investigates the main sources of instability in Brazil during the currency and financial distress episode of 2002. We test for financial contagion from the Argentine crisis and the impact of factors including IMF intervention and political uncertainty in raising the probability of crisis. The empirical investigation employs a Markov-switching model with endogenous transition probabilities. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 10769307
- Volume :
- 10
- Issue :
- 4
- Database :
- Complementary Index
- Journal :
- International Journal of Finance & Economics
- Publication Type :
- Academic Journal
- Accession number :
- 18929729
- Full Text :
- https://doi.org/10.1002/ijfe.273