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| Author: | Wilson, B. |
| Title: | Mexico's financial sector crisis: propagative linkages to devaluation |
| Journal: | Economic Journal
2000 : JAN, VOL. 110:460, p. 292-308 |
| Index terms: | MEXICO FINANCIAL CRISES DEVALUATION |
| Language: | eng |
| Abstract: | The sharp 1994 Mexican peso devaluation was followed by a financial-sector crisis, forcing the Mexican government to retake control of several banks and to grant substantial assistance to many others. This paper tests several hypothesis concerning the impact of devaluation. Event-study methodology is used to test whether some sectors of Mexican economy were "devaluation-gaining" while others were "devaluation-losing". |
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