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A Dynamic Cross Contagion Model of Currency Crisis between Two Countries
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Intelligent Information Management·Volume 03 (2011)·Pages 137–141·Published 15 July 2011·DOI10.4236/iim.2011.34017
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Abstract
The contagion aspect of the currency crisis is an important research issue today.In this paper, we set up a dynamic differential model of currency crisis cross contagions between two countries by expanding generalized logistics model, and analyze all kinds of possible equilibrium conditions. It is probably a new idea of studying currency crisis contagion mechanism.
KeywordsCross ContagionCurrency CrisisDifferential Dynamic Model
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