Papers to be presented at the conference

The following papers are scheduled to be presented at the conference on the Asian crisis. They are posted here, with the consent of the authors, for the purpose of exchanging views. Your comments will be most welcome, but please respect the copyrights owned by the authors/relevant parties. For information about copyrights, comments on the papers, or hardcopies or latest version of the papers, please contact the authors directly.

Session I

Koichi Hamada

Koichi Hamada, "Economic Consequences of Pegging to the Dollar in a Multicurrency World"

Taimur Baig

Ilan Goldfajn and Taimur Baig, "Monetary Policy in the Aftermath of Currency Crises: the Case of Asia"

Michael Devereux, "A Tale of Two Currencies: The Asian Crisis and the Exchange Rate Regimes of Hong Kong and Singapore"

Session II

Valerie Cerra and Sweta Chaman Saxena, "Contagion, Monsoons, and Domestic Turmoil in Indonesia: A Case Study in the Asian Currency Crisis"

Willem Thorbecke, "The Impact of the Indonesian Economic Crisis on Income Distribution: A Social Accounting Matrix Application"

Jin-Lung Lin, Sheng-Cheng Hu, and Chung-Shu Wu, Academia Sinica, and Jia-Dong Shae, Central Bank of Taiwan and Academia Sinica, "The Asian Financial Crisis: A Comparative Analysis of Taiwan Experience"

Session III

Robert Dekle, Cheng Hsiao, and Siyan Wang, "Do High Interest Rates Appreciate Exchange Rates During Crisis?: The Korean Evidence"

Jong -Wha Lee and Yong Jin Kim, "Over-investment, Collateral Lending, and Economic Crisis"

Jorge Chan-Lau and Zhaohui Chen, "Financial Crisis and Credit Crunch as a Result of Inefficient Financial Intermediation – with reference to the Asian Financial Crisis" (A related article in Financial Times)

Session IV

Vincent Dropsy

André Cartapanis, Vincent Dropsy, and Sophie Mametz, "ASIAN CURRENCY CRISES AND LEADING INDICATORS OF VULNERABILITY AND UNSUSTAINABILITY"

Idanna Kaplan, "The Put Option Approach to Banking Crises in Emerging Markets: Valuing Implicit Deposit Insurance in Thailand"

Francis In, Sangbae Kim, and Jai Hyung Yoon, "An Empirical Analysis of East Asian Stock Market Crisis: Application of the Extended EGARCH Model"

Session V

Shuhe Li, "The Benefits and Costs of Relation-based Governance: An Explanation of the East Asian Miracle and Crisis"

Kar-yiu Wong, "Housing Market Bubbles and Currency Crisis: The Case of Thailand"

Session VI

Khang Min Lee and Jim Storey, "The Asian Crisis: Business As Usual?"

Chung-Yi Tse and Charles K. Leung, "Increasing Wealth and Increasing Instability"

Theo S. Eicher and Stephen Turnovsky, "International Capital Markets and Non-Scale Growth"

Session VII

Ngo Van Long and Huilan Tian, "Bailouts, Endogenous Financial Regime, and Market Sentiments"

Wing-Fai Leung, "Myopic Expectation and Production Fluctuation"

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• Seattle conference, "Asian Crisis II," January 4-5, 2000

• other conferences on growth, trade, and Asia