IMF Staff papers, Volume 45 No. 1.
This paper analyzes some leading indicators of currency crises, and proposes a specific early warning system. This system involves monitoring the evolution of several indicators that tend to exhibit an unusual behavior in the periods preceding a crisis. When an indicator exceeds a certain threshold...
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| Format: | Czasopismo |
| Język: | English |
| Wydane: |
Washington, D.C. :
International Monetary Fund,
1998.
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| Seria: | IMF Staff Papers; IMF Staff Papers ;
No. 1998/004 |
| Dostęp online: | Full text available on IMF |
| Streszczenie: | This paper analyzes some leading indicators of currency crises, and proposes a specific early warning system. This system involves monitoring the evolution of several indicators that tend to exhibit an unusual behavior in the periods preceding a crisis. When an indicator exceeds a certain threshold value, this is interpreted as a warning 'signal' that a currency crisis may take place. The variables that have the best track record within this approach include exports, deviations of the real exchange rate from trend, and the ratio of broad money to gross international reserves, output, and equity prices. |
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| Deskrypcja: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Opis fizyczny: | 1 online resource (216 pages) |
| Format: | Mode of access: Internet |
| ISSN: | 1020-7635 |
| Ograniczenie dostępu: | Electronic access restricted to authorized BRAC University faculty, staff and students |