Economic growth and currency crisis: A real exchange rate entropic approach
AbstractWe propose a country classification of economic growth currency crisis consequences based on the entropic analysis of the real exchange rate. We show that this ranking is highly correlated with the annual minimum rate of growth, a proxy used to quantify real currency crisis effects.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 211.
Date of creation: 2005
Date of revision: 2006
currency crises; entropy; growth effects of currency crises;
Find related papers by JEL classification:
- C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
- F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General
- F31 - International Economics - - International Finance - - - Foreign Exchange
This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-10-14 (All new papers)
- NEP-CBA-2006-10-14 (Central Banking)
- NEP-FDG-2006-10-14 (Financial Development & Growth)
- NEP-FMK-2006-10-14 (Financial Markets)
- NEP-IFN-2006-10-14 (International Finance)
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- Reinhart, Carmen & Kaminsky, Graciela & Vegh, Carlos, 2003. "The unholy trinity of financial contagion," MPRA Paper 13878, University Library of Munich, Germany.
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