Author/Authors :
Selmi، Nadhem نويسنده Département de Méthodes Quantitatives, Faculté des Sciences Economiques et de Gestion, BP 1088, Sfax -Tunisie , , Hachicha، Nejib نويسنده Département de Méthodes Quantitatives, Faculté des Sciences Economiques et de Gestion, BP 1088, Sfax -Tunisie ,
Abstract :
This paper investigates the contribution of index of the speculative pressure to the persistence of currency crises by identifying the determinants of high persistence in the exchange market pressure index for twenty countries affected by crisis. The Exact Local Whittle model is utilized to identify the high persistence of crisis. Our results show the persistence of the currency crisis.
