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(Indonesia, Korea, Malaysia, the Philippines and Thailand) to deal with large capital inflows on the foreign exchange market …
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Erkenntnisse zeigen, dass Thailand als Ursprungsland der Asien-Krise angesehen werden kann. Bezüglich der Entstehung der Krisen in …
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. We find evidence of contagion from Thailand to Indonesia and Malaysia, with 13 and 21 percent of the ressure on the …This paper investigates whether, during the Asian crisis, contagion occurred from Thailand to the other crisis … specifically, we examine whether the effect of the exchange market pressure (EMP) of Thailand, the origin of the crisis, on the EMP …
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. Additionally, we control for spillovers and common external shocks. We find evidence of contagion from Thailand to Indonesia and … pressure (EMP) of Thailand, the origin of the crisis, on the EMP of four Asian crisis countries increased during the crisis … Malaysia, with 13 and 21 percent of the pressure on the respective currencies attributable to contagion. For Korea and the …
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In recent years, emerging East Asian economies have experienced large capital inflows-especially a surge in portfolio inflows-and an appreciation of asset prices such as equities, land, and both nominal and real exchange rates. The paper reviews why a surge in capital inflows can increase asset...
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