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This paper documents the Korean crisis in 1997. First, we show that it was
hard to predict the Korean crisis at least up till the first half of 1997. Our judgment is
based on the precrisis behavior...
Effect of Asian currency crisis on multifractal spectra
Asian currency crisis multifractal spectra
2010/12/13
We analyze the multifractal spectra of daily foreign exchange rates for Japan, Hong Kong, Korea, and Thailand with respect to the United States Dollar from 1991 to 2005. We find that the return time ...