Contagious Asian Crisis

• 영문명: Contagious Asian Crisis: Bank Lending and Capital Inflows
• 발행기관: 세종대학교 경제통합연구소
• 저자명: Saleheen Khan
• 간행물 정보: 『Journal of Economic Integration』제19권 제3호, 519~535쪽, 전체 17쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2004.09.30

영문 초록

This paper presents empirical evidence that bank lending, and capital inflows can explain the severity of the Asian crisis of 1997 above and beyond macroeconomic fundamentals. We find that countries that share Japanese banks as their major lender with Thailand, the first victim in the Asian crisis, tend to experience currency crisis. We also find evidence that link short-term capital inflows to the severity of the Asian crisis.

목차

Ⅰ. Introduction

Ⅱ. Literature

Ⅲ. Methodology

Ⅳ. Results

Ⅴ. Conclusion

키워드

exchange rate currency crisis capital inflows