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Are Currency Crises Predictable?
By:Mr. Rodrigo O. Valdés,Mr. Ilan Goldfajn
Published on 1997-12-01 by International Monetary Fund

This paper studies whether exchange rate expectations and overvaluations are predictors of currency crises. The results suggest that overvaluation has predictive power in explaining crises. However, although expected depreciation obtained from survey data partially takes different measures of exchange rate misalignment into consideration, expectations fail to anticipate currency crises.

This Book was ranked at 3 by Google Books for keyword Currency crisis.

Book ID of Are Currency Crises Predictable?'s Books is 6QLhhdUkVd8C, Book which was written byMr. Rodrigo O. Valdés,Mr. Ilan Goldfajnhave ETAG "I/z2XxtcSDs"

Book which was published by International Monetary Fund since 1997-12-01 have ISBNs, ISBN 13 Code is 9781451902754 and ISBN 10 Code is 1451902751

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Book which have "19 Pages" is Printed at BOOK under CategoryBusiness and Economics

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