Economic growth and currency crisis: A real exchange rate entropic approach

Matesanz Gómez, David and Ortega, Guillermo J. (2005): Economic growth and currency crisis: A real exchange rate entropic approach. Published in: Documentos de trabajo Funcas (September 2006)

Abstract

We propose a country classification of economic growth currency crisis consequences based on the entropic analysis of the real exchange rate. We show that this ranking is highly correlated with the annual minimum rate of growth, a proxy used to quantify real currency crisis effects.

• Item Type: MPRA Paper
• Language: English
• Keywords: currency crises; entropy; growth effects of currency crises
• Subjects: C - Mathematical and Quantitative Methods > C8 - Data Collection and Data Estimation Methodology ; Computer Programs > C82 - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data ; Data Access; F - International Economics > F4 - Macroeconomic Aspects of International Trade and Finance > F40 - General; F - International Economics > F3 - International Finance > F31 - Foreign Exchange

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