Sökning: "Peter Kvarfordt"

Hittade 1 uppsats innehållade orden Peter Kvarfordt.

1. 1. Crisis in Eastern Europe: Self-inflicted or just bad luck?

   D-uppsats, Handelshögskolan i Stockholm/Institutionen för nationalekonomi

   Författare :Victor Carstenius; Peter Kvarfordt; [2009]
   Nyckelord :Eastern Europe; contagion; currency crisis; crisis index; fundamentals; foreign exchange reserves; current account; capital inflows;

   Sammanfattning : Using a sample of sixteen countries in Eastern Europe, we investigate whether economic fundamentals explain why some countries have suffered more than others in the current financial crisis, or whether the variation just reflects contagion. The theory is that countries with weak fundamentals, captured by an appreciated real exchange rate and a weak banking system, and low levels of foreign exchange reserves are more vulnerable to a currency crisis, measured as an index of the nominal exchange rate depreciation and changes in reserves. LÄS MER