Moreno, Ramon (contributor); Trehan, Bharat (contributor) - 2000 - [Elektronische Ressource]
point
in time. Several other variables are new to this study. These include measures of inflation, third-
country exchange … episodes when annualized monthly inflation
exceeds 150 percent. Frankel and Rose (1996) use an absolute cutoff. As suggested … by
Kaminsky and Reinhart’s (1999) adjustment for high inflation episodes, one disadvantage of
10
See the data appendix …