Cruz Rodriguez, Alexis (2008): Presion y ataques especulativos en el mercado cambiario de la Republica Dominicana.
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This paper examines the determinants of speculative attacks that occurred recently in the Dominican Republic, and proposes a series of indicators to serve as an early warning system for identifying vulnerable periods. The estimates were made using monthly data covering the period between January 1996 and June 2008. The results show that the proposed indicators have the ability to reasonably explain and predict the existence of a speculative attack.
|Item Type:||MPRA Paper|
|Original Title:||Presion y ataques especulativos en el mercado cambiario de la Republica Dominicana|
|English Title:||Pressure and speculative attacks on the foreign exchange market of the Dominican Republic|
|Keywords:||Speculative attaks, foreign exchange market, probit model|
|Subjects:||F - International Economics > F3 - International Finance > F31 - Foreign Exchange|
|Depositing User:||A Cruz-Rodriguez|
|Date Deposited:||12. May 2009 05:53|
|Last Modified:||16. May 2015 06:01|
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