Essec\Faculty\Model\Contribution {#6196
  #_index: "academ_contributions"
  #_id: "1839"
  #_source: array:25 [
    "id" => "1839"
    "slug" => "les-modelisations-du-risque-de-change"
    "yearMonth" => "1998-11"
    "year" => "1998"
    "title" => "Les modélisations du risque de change"
    "description" => "AFTALION, F. (1998). Les modélisations du risque de change. <i>Bankers, Markets and Investors</i>, pp. 5-10."
    "authors" => array:1 [
      0 => array:3 [
        "name" => "AFTALION Florin"
        "bid" => "B00000002"
        "slug" => "aftalion-florin"
      ]
    ]
    "ouvrage" => ""
    "keywords" => []
    "updatedAt" => "2023-01-27 01:00:18"
    "publicationUrl" => null
    "publicationInfo" => array:3 [
      "pages" => "5-10"
      "volume" => null
      "number" => null
    ]
    "type" => array:2 [
      "fr" => "Articles"
      "en" => "Journal articles"
    ]
    "support_type" => array:2 [
      "fr" => "Revue scientifique"
      "en" => "Scientific journal"
    ]
    "countries" => array:2 [
      "fr" => null
      "en" => null
    ]
    "abstract" => array:2 [
      "fr" => "Depuis un quart de siècle, les marchés des changes sont régulièrement secoués par de violentes crises. Des chercheurs ont entrepris de les modéliser. Leurs travaux ont commencé à la fin des années soixantes-dix et ont suivi la voie tracée en 1977 par Paul Krugman. Leurs modèles, dits de première génération, n'ont pas semblé rendre correctement compte des évènements des années quatre-vingt dix, d'abord en Europe puis en Amérique Latine. Les efforts des économistes se sont alors portés sur des modèles dits de seconde génération qui, à leur tour, ont été pris en défaut par la crise asiatique de l'été 1997. Cet article dresse un panorama général des différents types de modèles des crises du change en soulignant leurs traits principaux, leurs forces et leurs lacunes. Il montre que nous sommes loin d'avoir une connaissance satisfaisante du domaine."
      "en" => "In the past twenty-five years, the foreign exchange markets have suffered a series of violent crises. Various researchers have tried to model them. Their work was started in 1977 after the publication of a seminal article by Krugman. Thus, were produced "first generation models" which have not satisfactorily explained the 1990's European and Latin American crises. Efforts were then devoted to "second generation models". These, in turn, have poorly explained the 1997 Asian crisis. This article gives a general description of the different classes of foreign exchange crises models. It underlines their main features, strengths and weaknesses. The general conclusion is that a satisfactory understanding of foreign exchange crises has not been achieved yet."
    ]
    "authors_fields" => array:2 [
      "fr" => "Finance"
      "en" => "Finance"
    ]
    "indexedAt" => "2023-12-09T04:22:12.000Z"
    "docTitle" => "Les modélisations du risque de change"
    "docSurtitle" => "Articles"
    "authorNames" => "<a href="/cv/aftalion-florin">AFTALION Florin</a>"
    "docDescription" => "<span class="document-property-authors">AFTALION Florin</span><br><span class="document-property-authors_fields">Finance</span> | <span class="document-property-year">1998</span>"
    "keywordList" => ""
    "docPreview" => "<b>Les modélisations du risque de change</b><br><span>1998-11 | Articles </span>"
    "docType" => "research"
  ]
  +lang: "fr"
  +"_type": "_doc"
  +"_score": 8.997889
  +"parent": null
}