Cavallo, Michele; Kisselev, Kate; Perri, Fabrizio; … - 2005
-98.
analytical framework that explains the overshooting phenomenon and can be used to evaluate the
costs of a currency crisis in a … countries that experienced a
currency crisis during the 1992 EMS turbulence period.
iii) Crises with no substantial change in … our sample,
there are 13 cases of twin crises, where a currency crisis is concurrent with a banking crisis. In
many of …