a ISSN 1993-8233

a Original cataloging agency NEU GrandLibrary

a Language code of text/sound track or separate title eng

a Classification number HG173

b Item number .E47 2010

a Personal name Günsel, Nil.

h Medium Electronic Document

a Title An empirical analysis of currency crises, fundamentals and speculative pressure

c Statement of responsibility, etc Nil Günsel, Turgut Tursoy, Husam Rjoub

c Date of publication, distribution, etc 2010.

b Name of publisher, distributor, etc Academic Journals,

a General note http://www.academicjournals.org/journal/AJBM/article-abstract/472F7AB23860

a General note Article Number - 472F7AB23860

a Summary, etc The main purpose of this paper is to investigate the linkage between economic fundamentals and currency crises for four different group of countries that experience very different growth path or crises from 1991 to 2006. For this purpose, logit model was used in identifying the determinants of the currency crises’ likelihood and the market pressure index (MPI) were used in determining the currency crises of the four different groups of countries. The study selects Argentina, Brazil and Mexico from America; Malaysia, Philippines, South Korea and Thailand from East and Southeast Asia; Russia and Turkey. The empirical findings stated that: (1) real interest rate, rate of inflation, growth rate of GDP, budget balance, real exchange rate and the ratio of M2 to foreign exchange reserves were statistically significant explanatory variables; (2) however, domestic credit to GDP and various types of trade variables were not statistically significant.

a Topical term or geographic name as entry element Near East University Article

a Topical term or geographic name as entry element Yakın Doğu Üniversitesi Makale

a Topical term or geographic name as entry element Determinants of currency crises

a Topical term or geographic name as entry element market pressure index

a Topical term or geographic name as entry element logit model

t Title African Journal of Business Management

g Relationship information June 2010, Vol.4(6), pp. 972-978 ,

x International Standard Serial Number 19938233