• Title of article

    Disparate information and the probability of currency crises: empirical evidence

  • Author/Authors

    Peter Tillmann، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2004
  • Pages
    8
  • From page
    61
  • To page
    68
  • Abstract
    This paper tests the impact of the distribution of information on the probability of currency crises within a Markov-switching framework. Less disparate information among domestic and foreign investors, proxied by premia on country funds, lowers the probability of a crisis.
  • Keywords
    Currency crisis , Information , Markov-switching , Country funds
  • Journal title
    Economics Letters
  • Serial Year
    2004
  • Journal title
    Economics Letters
  • Record number

    435450