Early Warning Systems : A Survey and a Regime-Switching Approach /
Previous early-warning systems (EWSs) for currency crises have relied on models that require a priori dating of crises. This paper proposes an alternative EWS, based on a Markov-switching model, which identifies and characterizes crisis periods endogenously; this also allows the model to utilize inf...
| Auteur principal: | |
|---|---|
| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
2003.
|
| Collection: | IMF Working Papers; Working Paper ;
No. 2003/032 |
| Accès en ligne: | Full text available on IMF |