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http://hdl.handle.net/10419/18519
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| Title: | | Political Instability and the August 1998 Ruble Crisis  |
| Authors: | | Fic, Tatiana Saqib, Omar F. |
| Issue Date: | | 2006 |
| Series/Report no.: | | DIW-Diskussionspapiere 626 |
| Abstract: | | The main objective of this study is to highlight the importance of political instability, defined as frequent changes in and of government, in undermining the Russian exchange rate based stabilization program of the 1990s. The empirical evidence supports the significance of political instability along with economic fundamentals in determining Russian real effective exchange rate and exchange market pressure, used as a proxy to the crisis. |
| Subjects: | | currency crises political instability |
| JEL: | | C13 F31 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des DIW DIW-Diskussionspapiere
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| dp626.pdf | | 263.28 kB | Adobe PDF |
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