IDEAS home Printed from https://ideas.repec.org/a/emx/esteco/v16y2001i1p105-132.html
   My bibliography  Save this article

Regímenes cambiantes, estructura de deuda y fragilidad bancaria en México

Author

Listed:
  • Rodolfo Cermeño

    (Centro de Investigación y Docencia Económica)

  • Fausto Hernández Trillo

    (Centro de Investigación y Docencia Económica)

  • Alejandro Villagómez Amezcua

    (Centro de Investigación y Docencia Económica)

Abstract

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 explaining the so-called tequila crisis. This result contrasts with the determinants identified by the existent literature. In addition, financial fragility measured as the ratio of M2 to reserves, was also important in explaining the regimes under study.

Suggested Citation

  • Rodolfo Cermeño & Fausto Hernández Trillo & Alejandro Villagómez Amezcua, 2001. "Regímenes cambiantes, estructura de deuda y fragilidad bancaria en México," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 16(1), pages 105-132.
  • Handle: RePEc:emx:esteco:v:16:y:2001:i:1:p:105-132
    as

    Download full text from publisher

    File URL: https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/208/210
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:emx:esteco:v:16:y:2001:i:1:p:105-132. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ximena Varela (email available below). General contact details of provider: https://edirc.repec.org/data/cecolmx.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.