Zhao, Yanping; Haan, Jakob; Scholtens, Bert; Yang, Haizhen - In: Review of International Economics 22 (2014) 4, pp. 660-685
This paper investigates which factors determine whether sudden stops in international capital flows are followed by a currency crash using data for 85 economies in the period 1980–2012. An event study approach is used for an 11-year window around the crises for nine potential explanatory...
