Fatores comuns determinantes de crises cambiais e financeiras

Autor:	Cristina Fátima Martins de Bessa, Tito Belchior Silva Moreira, Maurício de Paula Pinto Barata, Fernando Antônio Ribeiro Soares
Jazyk:	English<br />Portuguese
Rok vydání:	2010
Předmět:	currency and financial crisis factor analysis discriminant analysis Economics as a science HB71-74
Zdroj:	Brazilian Journal of Political Economy, Vol 30, Iss 4, Pp 604-624 (2010)
Druh dokumentu:	article
ISSN:	0101-3157 1809-4538
DOI:	10.1590/S0101-31572010000400004
Popis:	Determinative common factors of currency and financial crisis. This paper identifies and evaluates determinative common factors of currency and financial crisis in relation to 86 crises episodes between 1970-2004, based on factor analysis, cluster and discriminant analysis. One evidenced that the rise of the ratios of domestic credit, fiscal deficit and residents bank deposits to the GDP is inherent to the different types of crises classified for economic literature. It was also identified as common factors to these episodes some indicators that capture the excessive monetary expansion of the economies and that reflect the fall in international reserves, represented by M2/Reserves and Imports/Reserves ratios and also the total volume of international reserves.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/65fba05945c243f78980905845090881 Zobrazit plný text záznamu View record in DOAJ Plný text ve formátu PDF