Wersch, L. van; Vlaar, P.J.G. - de Nederlandsche Bank - 2000
In the nineties, the number of currency crises has been high, both in the industrial world and among emerging countries …. An important characteristic of many of these crises is that they started in one country but very soon affected others as … well. Currency crises seemed to be contagious. In this article, it is investigated whether the interdependence of capital …
