Cermeño, Rodolfo; Trillo, Fausto Hernández; Amezcua, … - In: Estudios Económicos 16 (2001) 1, pp. 105-132
This paper uses the switching probability regimes methodology to estimate the determinants of financial crisis, measured in changes in the stochastic regimes of interest and exchange rates. We use Mexico to perform the exercise. Results suggest that public debt structure is important in...