Financial Cycles : Early Warning Indicators of Banking Crises? /
Can the upturns and downturns in financial variables serve as early warning indicators of banking crises? Using data from 59 advanced and emerging economies, we show that financial overheating can be detected in real time. Equity prices and output gap are the best leading indicators in advanced mark...
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| Format: | Žurnal |
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
2021.
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| Serija: | IMF Working Papers; Working Paper ;
No. 2021/116 |
| Teme: | |
| Online pristup: | Full text available on IMF |