This paper studies the behavior of China''s exports from the mid-1980s through 2001. Extensive quarterly data on values and quantities of major export products have been taken from Chinese customs statistics to form a panel data set. The data are used to estimate export supply price...

This paper investigates whether Indonesia’s recent currency crisis was due to domestic fundamentals, common external shocks (“monsoons”), or contagion from neighboring countries. Markov-switching models attribute speculative pressure on Indonesia’s currency to domestic political and...