Document Type
Article
Abstract
This study examines multiple transmission mechanisms that propagate and amplify shocks across Asian nations owing to financial turbulence with emphasis on global shock transmission between economies that prioritise ‘trade’ and ‘financial’ connections in four countries: Indonesia, Korea, Malaysia, and the Philippines. Based on the logit estimation outcomes, a higher degree of trade openness amplifies the implications of shocks on the economy. Relevant implications are drawn for optimal regional monitoring and the coordination of integration as the economic fundamentals associated with the currency crises complements the first-generation models of speculative attacks.
Recommended Citation
Kyin, Tey Sheik and Chin, Lee
(2022)
"Currency Crises And Contagion Channels In Asian Economies,"
Bulletin of Monetary Economics and Banking: Vol. 25:
No.
4, Article 3.
DOI: https://doi.org/10.21098/bemp.v25i4.1777
Available at:
https://bulletin.bmeb-bi.org/bmeb/vol25/iss4/3
First Page
575
Last Page
596
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Country
Malaysia
Affiliation
Universiti Tunku Abdul Rahman
