Are Currency Crises Predictable? : A Test /
This paper evaluates three models for predicting currency crises that were proposed before 1997. The idea is to answer the question: if we had been using these models in late 1996, how well armed would we have been to predict the Asian crisis? The results are mixed but somewhat encouraging. One mode...
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Médium: | Časopis |
Jazyk: | English |
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Washington, D.C. :
International Monetary Fund,
1998.
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Edice: | IMF Working Papers; Working Paper ;
No. 1998/154 |
On-line přístup: | Full text available on IMF |