Mercados financieros, Crisis cambiarias, Tipo de Cambio
Abstract
This essay tries to determine if the theoretical models about the exchange rate crisis developed up to today are capable of explaining the Mexican financial crisis of 1994. In order to do this, we will begin by describing the three main theoretical models. Subsequently, it will analyze which were the most relevant economical characteristics in the years previous to the crisis. At the end we will analyze if the described in the empirical analysis is compatible with the theoretical models.
