Cruz-Rodríguez, Alexis - In: International Journal of Economic Sciences and Applied … 7 (2014) 1, pp. 69-87
This paper uses Granger causality tests on a fiscal sustainability indicator (FSI) and currency crises for 17 countries to evaluate the direction of causality between the FSI and currency crises. The FSI developed by Croce and Juan-Ramón (2003) is used. Also, different definitions for currency...