TITLE:
A Dynamic Cross Contagion Model of Currency Crisis between Two Countries
AUTHORS:
Yirong Ying, Xiangqing Zou, Ke Chen, Yuyuan Tong
KEYWORDS:
Cross Contagion, Currency Crisis, Differential Dynamic Model
JOURNAL NAME:
Intelligent Information Management,
Vol.3 No.4,
July
15,
2011
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.