Economic growth and currency crisis: A real exchange rate entropic approach
We 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.
|Date of creation:||2005|
|Date of revision:||2006|
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- Graciela L. Kaminsky & Carmen M. Reinhart & Carlos A. V�gh, 2003.
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