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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w15478 |
来源ID | Working Paper 15478 |
Thirty Years of Currency Crises in Argentina: External Shocks or Domestic Fragility? | |
Graciela Kaminsky; Amine Mati; Nada Choueiri | |
发表日期 | 2009-11-05 |
出版年 | 2009 |
语种 | 英语 |
摘要 | This paper examines Argentina's currency crises from 1970 to 2001, with particular attention to the role of domestic and external factors. Using VAR estimations, we find that deteriorating domestic fundamentals matter. For example, at the core of the late 1980s crises was excessively loose monetary policy while a sharp output contration triggered the collapse of the currency board in January 2002. In contrast, adverse external shocks were at the heart of the 1995 crisis, with spillovers from the Mexican crisis and high world interest rates being key sources of financial distress. |
主题 | International Economics ; International Finance |
URL | https://www.nber.org/papers/w15478 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/573154 |
推荐引用方式 GB/T 7714 | Graciela Kaminsky,Amine Mati,Nada Choueiri. Thirty Years of Currency Crises in Argentina: External Shocks or Domestic Fragility?. 2009. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w15478.pdf(541KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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