The Dynamics of Fundamentals in Currency Crisis in Indonesia and Malaysia
The impact of selected macroeconomic fundamentals on the market pressure (MP) is assessed using the third generation models based on ‘Dusenberry’ adaptive expectations. The findings are consistent with the general belief that weak macroeconomic fundamentals had triggered the speculative attacks...
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| Format: | Article |
| Language: | English |
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Penerbit UTM Press
2006
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| Online Access: | http://eprints.utm.my/4261/1/Bab_5.pdf |