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Assessing Financial Vulnerability: An Early Warning System for Emerging Markets

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Description:Ever since the European currency crises of 1992-93, the Mexican crisis of 1994-95, and especially the Asian/global crisis of 1997-98, there has been heightened interest in early warning signals of financial crises. This pathbreaking study presents a comprehensive battery of empirical tests on the performance of alternative early warning indicators for emerging-market economies that should prove useful in the construction of a more effective global warning system. Not only are the authors able to draw conclusions about which specific indicators have sent the most reliable early warning signals of currency and banking crises in emerging economies, they also test the out-of-sample performance of the model during the Asian crisis and find that it does a good job of identifying the most vulnerable economies. In addition, they show how the early warning system can be used to construct a "composite" crisis indicator to weigh the importance of alternative channels of cross-country "contagion" of crises, and to generate information on the recovery path from crises.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Assessing Financial Vulnerability: An Early Warning System for Emerging Markets. To get started finding Assessing Financial Vulnerability: An Early Warning System for Emerging Markets, you are right to find our website which has a comprehensive collection of manuals listed.
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Pages: 152

Format: PDF, EPUB & Kindle Edition

Publisher: Peterson Institute

Release: 2000

ISBN: 5551126773

Description: Ever since the European currency crises of 1992-93, the Mexican crisis of 1994-95, and especially the Asian/global crisis of 1997-98, there has been heightened interest in early warning signals of financial crises. This pathbreaking study presents a comprehensive battery of empirical tests on the performance of alternative early warning indicators for emerging-market economies that should prove useful in the construction of a more effective global warning system. Not only are the authors able to draw conclusions about which specific indicators have sent the most reliable early warning signals of currency and banking crises in emerging economies, they also test the out-of-sample performance of the model during the Asian crisis and find that it does a good job of identifying the most vulnerable economies. In addition, they show how the early warning system can be used to construct a "composite" crisis indicator to weigh the importance of alternative channels of cross-country "contagion" of crises, and to generate information on the recovery path from crises.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Assessing Financial Vulnerability: An Early Warning System for Emerging Markets. To get started finding Assessing Financial Vulnerability: An Early Warning System for Emerging Markets, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

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Assessing Financial Vulnerability: An Early Warning System for Emerging Markets

Assessing Financial Vulnerability: An Early Warning System for Emerging Markets

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