Currency Crises and Growth

Arafet Hamida

Abstract


The purpose of this research is to study the effect of currency crises on economic growth. To do this, we opted for a dynamic panel data model and impulse response functions for a sample of seventeen emerging countries over a period from 1980 to 2014. The main results of the various empirical investigations show that there is a Negative effect of currency crises on short-term economic growth.


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DOI: https://doi.org/10.5539/ijef.v10n3p83

Copyright (c) 2018 HADHEK FAWZI ZOUHAIER, Hamida Arafat

License URL: http://creativecommons.org/licenses/by/4.0

International Journal of Economics and Finance  ISSN  1916-971X (Print) ISSN  1916-9728 (Online)  Email: ijef@ccsenet.org

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