University of Illinois at Urbana-Champaign
Open Economics: Inflation, Exchange Rate Contagion and Economic *Growth
Abstract
dc:descriptionEstimation of spatial limited dependent models in Chapter 3 allows us to overcome several of the shortcomings inherent, in particular, to the approach of Glick and Rose (1998) and, in general, to the contagious currency crises literature. Our results confirm previous findings: (i) we do support the idea of contagious currency crises through trade channels, even when other channels, e.g. political, are present; (ii) we find some evidence of political membership contagion, although the evidence is dependent upon the definition of political interactions. Monte Carlo experiments are conducted on test statistics and estimation procedures specific to spatial probit models. Since these have only recently been purposed, small sample properties were not yet well studied and understood.
Degree
thesis:*- Name thesis:degree_name
- Ph.D.
- Level thesis:degree_level
- Dissertation
- Discipline thesis:degree_discipline
- Economics
- Grantor
- University of Illinois at Urbana-Champaign
- Year dc:date
- 2015
Author and committee
dc:creator, dc:contributor.*- Author dc:creator
-
- Novo, Alvaro Antonio Da Costa
- Contributors dc:contributor
-
- Koenker, Roger W.
Subjects
dc:subject × 1Rights
- Language dc:language
- eng
Identifiers
dc:identifier.*- Identifier
- (MiAaPQ)AAI3030466
- OAI identifier oai:identifier
- oai:www.ideals.illinois.edu:2142/85515