Banking crises and exchange rate politics

Feryel Ouerghi

The purpose of this paper is to examine whether the choice of exchange rate regime can affect the likelihood of banking crises in emerging countries. We estimate the impact of exchange rate arrangements on crises in a panel-data set of 56 emerging countries using a logit method. We find that adopting a fixed exchange rate diminishes the probability of occurrence of banking crises. -- exchange rate regimes ; financial crises ; banking crises ; logit model

MoreLess

Year of publication:	2012
Authors:	Ouerghi, Feryel
Published in:	Journal of applied finance & banking. - London : Scienpress, ISSN 1792-6599, ZDB-ID 26142429. - Vol. 2.2012, 6, p. 55-71

freely available

Full text |

More access options

Check Google Scholar

In libraries world-wide (WorldCat)

In German libraries (KVK)

subito order

I need help

More details

Extent:	graph. Darst.
Type of publication:	Article
Language:	English
Classification:	E52 - Monetary Policy (Targets, Instruments, and Effects) ; F31 - Foreign Exchange ; G21 - Banks; Other Depository Institutions; Mortgages
Source:	OLC-SSG Economic Sciences

Persistent link: https://www.econbiz.de/10010118424