Abdallah, Mohamed Ben; Matei, Iuliana - Maison des Sciences Économiques, Université Paris 1 … - 2005
The aim of this paper is to test empirically the impact of the contagion effect on the credibility of the exchange rate during the international financial crises between 1997 and 2001 for five CEECs : Hungary, Poland, Czech Republic, Slovakia and Russia. We find that : (1) the contagion effect...