Wu, Yih-Jiuan; Yen, Tzung-Ta; Chen, Pei-Wen - South East Asian Central Banks (SEACEN) Research and …
This paper investigates the macroeconomic factors in predicting the currency crises in a sample of 7 SEACEN countries using the logit econometric models. The empirical results indicate that the variables that may help predict the timing of the currency crises include real US interest rate, ratio...