The East Asian Crisis: Investigating Causes and Policy Responses

Warwick McKibbin and Will Martin

Departmental Working Papers from The Australian National University, Arndt-Corden Department of Economics

Abstract: We use a forward looking modeling framework to capture some of the major interactions between asset markets and trade involved in the East Asian crisis and its aftermath. We take the primary cause of the crisis to be a fundamental reassessment of the profitability of investment in the region, and add secondary shocks resulting from the financial implications of responses to the initial shock. In this way, we can generate time profiles for the return of the countries of the region to economic health, and consider issues of contagion and policy response.

Pages: 62 pages
Date: 1998-09-29
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (23)

Downloads: (external link)
https://crawford.anu.edu.au/acde/publications/publish/papers/wp1998/eacris71.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found

Related works:
Working Paper: The East Asian crisis: investigating causes and policy responses (1999)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pas:papers:1998-06

Access Statistics for this paper

More papers in Departmental Working Papers from The Australian National University, Arndt-Corden Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Prema-chandra Athukorala ().